EUR/CHF intraday: above its upper Bollinger band
0.9457 is our pivot point.
Our preference: the upside prevails as long as 0.9457 is support.
Alternative scenario: below 0.9457, expect 0.9435 and 0.9422.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9466 and 0.9471). Finally, the EUR/CHF is trading above its upper Bollinger band (standing at 0.9476).
Supports and resistances:
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