Forex

EUR/CHF may fall 9 - 24 pips

2024-10-23

Pivot

0.9360

Our preference

Short positions below 0.9360 with targets at 0.9330 & 0.9315 in extension.

Alternative scenario

Above 0.9360 look for further upside with 0.9375 & 0.9390 as targets.

Comment

The break below the support at 0.9360 triggered a bearish acceleration to the support at 0.9330.

Supports and resistances

0.9390

0.9375

0.9360

0.9339 Last

0.9330

0.9315

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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