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EUR/CHF intraday: technical rebound towards 0.9578 before a new drop
2023-09-13
399
Our pivot point is at 0.9578.
Our preference: technical rebound towards 0.9578 before a new drop.
Alternative scenario: above 0.9578, look for 0.9593 and 0.9601.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (0.9564) but under its 50 period moving average (0.9568).
Supports and resistances:
0.9601 **
0.9593 *
0.9578 **
0.9572
0.9566 last
0.9547
0.9538 **
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