Forex

EUR/CHF may rise 11 - 21 pips

2024-07-02

Pivot

0.9680

Our preference

Long positions above 0.9680 with targets at 0.9710 & 0.9720 in extension.

Alternative scenario

Below 0.9680 look for further downside with 0.9670 & 0.9655 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.9740

0.9720

0.9710

0.9699 Last

0.9680

0.9670

0.9655

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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