EUR/CHF ST: the downside prevails as long as 0.9636 is resistance
Our pivot point is at 0.9636.
Our preference: the downside prevails as long as 0.9636 is resistance.
Alternative scenario: above 0.9636, look for 0.9789 and 0.9880.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.9568 and 0.9574).
Supports and resistances:
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