Forex

EUR/CHF may rise to 1.0000 - 1.0100

2024-05-22

Pivot

0.9670

Our preference

Long positions above 0.9670 with targets at 1.0000 & 1.0100 in extension.

Alternative scenario

Below 0.9670 look for further downside with 0.9565 & 0.9460 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

1.0220

1.0100

1.0000

0.9900 Last

0.9670

0.9565

0.9460

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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