EUR/CHF intraday: the upside prevails as long as 0.9655 is support
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0.9655 is our pivot point.
Our preference: the upside prevails as long as 0.9655 is support.
Alternative scenario: the downside breakout of 0.9655 would call for 0.9639 and 0.9629.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9666 and 0.9665).
Supports and resistances:
0.9722 **
0.9712 *
0.9702 **
0.9692
0.9671 last
0.9662
0.9655 **
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