Forex

EUR/CHF may rise 11 - 21 pips

2024-10-18

Pivot

0.9380

Our preference

Long positions above 0.9380 with targets at 0.9400 & 0.9410 in extension.

Alternative scenario

Below 0.9380 look for further downside with 0.9370 & 0.9355 as targets.

Comment

The break above 0.9380 is a positive signal that has opened a path to 0.9400.

Supports and resistances

0.9425

0.9410

0.9400

0.9389 Last

0.9380

0.9370

0.9355

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

Introduction to Tradingtop Site


Return to All Articles