Forex

EUR/CHF may rise 14 - 29 pips

2024-10-25

Pivot

0.9355

Our preference

Long positions above 0.9355 with targets at 0.9385 & 0.9400 in extension.

Alternative scenario

Below 0.9355 look for further downside with 0.9340 & 0.9330 as targets.

Comment

The break above 0.9355 is a positive signal that has opened a path to 0.9385.

Supports and resistances

0.9415

0.9400

0.9385

0.9371 Last

0.9355

0.9340

0.9330

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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