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EUR/CHF intraday: as long as 0.9590 is support look for 0.9661
2023-10-31
214
Our pivot point is at 0.9590.
Our preference: as long as 0.9590 is support look for 0.9661.
Alternative scenario: below 0.9590, expect 0.9567 and 0.9554.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9612 and 0.9587).
Supports and resistances:
0.9688 **
0.9674 *
0.9661 **
0.9647
0.9619 last
0.9599
0.9590 **
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