EUR/CHF intraday: under pressure below 0.9664
Our pivot point is at 0.9664.
Our preference: under pressure below 0.9664.
Alternative scenario: above 0.9664, look for 0.9681 and 0.9691.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.9646 and 0.9648).
Supports and resistances:
0.9691 **
0.9681 *
0.9664 **
0.9657
0.9642 last
0.9620
0.9610 **
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