EUR/CHF intraday: the upside prevails as long as 0.9431 is support
Our pivot point is at 0.9431.
Our preference: the upside prevails as long as 0.9431 is support.
Alternative scenario: the downside breakout of 0.9431 would call for 0.9411 and 0.9400.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9444 and 0.9441).
Supports and resistances:
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