Forex

EUR/CHF may fall 13 - 38 pips

2024-07-25

Pivot

0.9600

Our preference

Short positions below 0.9600 with targets at 0.9555 & 0.9530 in extension.

Alternative scenario

Above 0.9600 look for further upside with 0.9620 & 0.9640 as targets.

Comment

A break below 0.9555 would trigger a drop towards 0.9530.

Supports and resistances

0.9640

0.9620

0.9600

0.9568 Last

0.9555

0.9530

0.9500

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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