Forex

EUR/CHF may rise 10 - 25 pips

2024-10-18

Pivot

0.9365

Our preference

Long positions above 0.9365 with targets at 0.9395 & 0.9410 in extension.

Alternative scenario

Below 0.9365 look for further downside with 0.9350 & 0.9335 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.9425

0.9410

0.9395

0.9385 Last

0.9365

0.9350

0.9335

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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