Forex

EUR/CHF may fall 12 - 27 pips

2024-10-22

Pivot

0.9375

Our preference

Short positions below 0.9375 with targets at 0.9350 & 0.9335 in extension.

Alternative scenario

Above 0.9375 look for further upside with 0.9390 & 0.9405 as targets.

Comment

A break below 0.9350 would trigger a drop towards 0.9335.

Supports and resistances

0.9405

0.9390

0.9375

0.9362 Last

0.9350

0.9335

0.9320

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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