Forex

EUR/CHF may rise 15 - 30 pips

2024-08-15

Pivot

0.9510

Our preference

Long positions above 0.9510 with targets at 0.9545 & 0.9560 in extension.

Alternative scenario

Below 0.9510 look for further downside with 0.9495 & 0.9475 as targets.

Comment

The next resistances are at 0.9545 and then at 0.9560.

Supports and resistances

0.9580

0.9560

0.9545

0.9530 Last

0.9510

0.9495

0.9475

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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