Pick of the Day 04 April 2022 USDCHF

　　

USDCHF Intraday: bullish bias above 0.9240.

Pivot Level: 0.9240

Our preference:
Long positions above 0.9240 with targets at 0.9280 & 0.9300 in extension.

Alternative scenario:
Below 0.9240 look for further downside with 0.9220 & 0.9200 as targets.

Comment:
A support base at 0.9240 has formed and has allowed for temporary stabilization.

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