Daily Pivots: (S1) 0.9479; (P) 0.9512; (R1) 0.9570; More… While EUR/CHF’s recovery from 0.9402 extended higher, it’s still capped by 0.9543 resistance. Intraday bias stays neutral and further decline remains in favor. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from
EURCHF Outlook
Daily Pivots: (S1) 0.9447; (P) 0.9469; (R1) 0.9503; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 is extending. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683
Daily Pivots: (S1) 0.9430; (P) 0.9455; (R1) 0.9475; More… EUR/CHF is extending consolidation from 0.9402 and intraday bias remains neutral for the moment. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416
Daily Pivots: (S1) 0.9439; (P) 0.9463; (R1) 0.9480; More… Intraday bias in EUR/CHF stays neutral at this point, as consolidation from 0.9402 might extend further. Overall outlook stays bearish as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. In the bigger picture, medium term outlook
Daily Pivots: (S1) 0.9443; (P) 0.9459; (R1) 0.9490; More… Intraday bias in EUR/CHF remains neutral for the moment and some consolidations would be seen above 0.9402 first. Further fall is expected as long as 0.9543 resistance holds. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. In the bigger picture, medium
EUR/CHF fell further to 0.9402 last week but recovered after breaching 0.9407 support briefly. Initial bias remains neutral this week for some consolidations first. But further fall is expected as long as 0.9543 resistance holds. Decisive break of 0.9407 will resume larger down trend. In the bigger picture, medium term outlook remains bearish as long
Daily Pivots: (S1) 0.9413; (P) 0.9438; (R1) 0.9471; More… EUR/CHF recovered after breaching 0.9407 low briefly and intraday bias is turned neutral. Some consolidations would be seen but further fall is expected as long as 0.9543 resistance holds. Decisive break of 0.9407 will resume larger down trend. In the bigger picture, medium term outlook remains