Daily Pivots: (S1) 0.9638; (P) 0.9647; (R1) 0.9663; More… Intraday bias in EUR/CHF remains neutral as it’s still stuck in sideway trading. Overall, further rally is expected with 0.9595 support intact. Decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9595 support will turn bias back
EURCHF Outlook
Daily Pivots: (S1) 0.9624; (P) 0.9642; (R1) 0.9660; More… Sideway trading continues in EUR/CHF and intraday bias stays neutral. Further rally is still expected and decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9595 support will indicate short term topping, and turn bias back to
Daily Pivots: (S1) 0.9636; (P) 0.9647; (R1) 0.9662; More… Intraday bias in EUR/CHF remains neutral for the moment. Some more consolidations could be seen. Further rally is still expected and decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9595 support will indicate short term topping
EUR/CHF failed to break through 0.9691 resistance last week and retreated. But it then recovered after brief dip to 0.9617. Initial bias stays neutral this week for more consolidations. Further rally is still expected and decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9595 support
Daily Pivots: (S1) 0.9627; (P) 0.9638; (R1) 0.9654; More… Intraday bias in EUR/CHF remains neutral at this point. On the upside, decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9620 support will indicate short term topping, and turn bias back to the downside for deeper
Daily Pivots: (S1) 0.9612; (P) 0.9631; (R1) 0.9642; More… Intraday bias in EUR/CHF stays neutral for the moment. On the upside, decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next. However, break of 0.9620 support will indicate short term topping, and turn bias back to the downside for deeper
Daily Pivots: (S1) 0.9626; (P) 0.9656; (R1) 0.9670; More… Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations would be seen first. But further rally is in favor as long as 0.9620 support holds. On the upside, decisive break of 0.9691 resistance will carry larger bullish implication, and target 0.9840 resistance next.