Forex

EUR/CHF may fall to 0.9300 - 0.9460

2024-06-26

Pivot

0.9680

Our preference

Short positions below 0.9680 with targets at 0.9460 & 0.9300 in extension.

Alternative scenario

Above 0.9680 look for further upside with 0.9830 & 0.9930 as targets.

Comment

As long as the resistance at 0.9680 is not surpassed, the risk of the break below 0.9460 remains high.

Supports and resistances

0.9930

0.9830

0.9680

0.9586 Last

0.9460

0.9300

0.9250

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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