GBP/CHF intraday: our next up target stands at 1.1168
Our pivot point stands at 1.1111.
Our preference: our next up target stands at 1.1168.
Alternative scenario: below 1.1111, expect 1.1091 and 1.1080.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.1130 and 1.1131).
Supports and resistances:
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