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Pick of the Day 22 April 2022 USDCHF

　　

USDCHF Intraday: the upside prevails.

Pivot Level: 0.9515

Our preference:
Long positions above 0.9515 with targets at 0.9555 & 0.9570 in extension.

Alternative scenario:
Below 0.9515 look for further downside with 0.9500 & 0.9475 as targets.

Comment:
The RSI is mixed to bullish.


Note: The information is provided for reference purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs, and does not constitute investment advice. We encourage you to seek independent advice if necessary. VT Academy will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

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