Forex

EUR/CHF may rise to 0.9580 - 0.9770

2024-10-23

Pivot

0.9200

Our preference

Long positions above 0.9200 with targets at 0.9580 & 0.9770 in extension.

Alternative scenario

Below 0.9200 look for further downside with 0.9000 & 0.8600 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9930

0.9770

0.9580

0.9367 Last

0.9200

0.9000

0.8600

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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