Forex

EUR/CHF may rise 20 - 45 pips

2024-08-07

Pivot

0.9330

Our preference

Long positions above 0.9330 with targets at 0.9385 & 0.9410 in extension.

Alternative scenario

Below 0.9330 look for further downside with 0.9305 & 0.9285 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9435

0.9410

0.9385

0.9365 Last

0.9330

0.9305

0.9285

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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