Forex

EUR/CHF may rise 12 - 32 pips

2024-07-22

Pivot

0.9655

Our preference

Long positions above 0.9655 with targets at 0.9690 & 0.9710 in extension.

Alternative scenario

Below 0.9655 look for further downside with 0.9640 & 0.9620 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.9730

0.9710

0.9690

0.9678 Last

0.9655

0.9640

0.9620

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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