Forex

EUR/CHF may fall 21 - 36 pips

2024-09-16

Pivot

0.9410

Our preference

Short positions below 0.9410 with targets at 0.9370 & 0.9355 in extension.

Alternative scenario

Above 0.9410 look for further upside with 0.9430 & 0.9450 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

0.9450

0.9430

0.9410

0.9391 Last

0.9370

0.9355

0.9340

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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