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EUR/CHF intraday: the downside prevails as long as 0.9595 is resistance
2023-09-14
491
Our pivot point is at 0.9595.
Our preference: the downside prevails as long as 0.9595 is resistance.
Alternative scenario: above 0.9595, look for 0.9610 and 0.9619.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.9586 and 0.9587).
Supports and resistances:
0.9619 **
0.9610 *
0.9595 **
0.9589
0.9583 last
0.9565
0.9556 **
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