USDCHF 9.10.2024

Technical Analysis
Wednesday, October 09, 2024 - 12:51
Point Trader Group

Overall Trend: Sideways

Expected Scenario:

The pair may continue trading sideways between the support at 0.8530 and the resistance at 0.8619. A breakout above the resistance could push the price toward the next level at 0.8734.

Alternative Scenario:

If the pair breaks below the support at 0.8530, the downward movement could extend toward lower levels around 0.8420.

Key Levels:

Resistance: 0.8619 – 0.8734

Support: 0.8530 – 0.8420

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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