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EUR/CHF intraday: above its upper Bollinger band

2023-10-25
729

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:

0.9542 **

0.9529 *

0.9516 **

0.9503

0.9477 last

0.9466

0.9457 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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