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EUR/CHF ST: rebound towards 0.9772
2023-09-12
516
Our pivot point stands at 0.9465.
Our preference: rebound towards 0.9772.
Alternative scenario: the downside breakout of 0.9465 would call for 0.9363 and 0.9303.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.9560 and 0.9602).
Supports and resistances:
0.9893 **
0.9833 *
0.9772 **
0.9711
0.9548 last
0.9505
0.9465 **
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