Forex

EUR/CHF may fall 22 - 37 pips

2024-10-23

Pivot

0.9365

Our preference

Short positions below 0.9365 with targets at 0.9335 & 0.9320 in extension.

Alternative scenario

Above 0.9365 look for further upside with 0.9380 & 0.9395 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.9365.

Supports and resistances

0.9395

0.9380

0.9365

0.9357 Last

0.9335

0.9320

0.9305

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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