EUR/CHF intraday: the downside prevails as long as

EUR/CHF intraday: the downside prevails as long as 1.0832 is resistance

EURCHF

Trading Central 2021-01-13 14:45:08

1.0832 is our pivot point.

Our preference: the downside prevails as long as 1.0832 is resistance.

Alternative scenario: above 1.0832, look for 1.0847 and 1.0855.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0819 and 1.0818).

Supports and resistances:

1.0855 **

1.0847 *

1.0832 **

1.0827

1.0817 last

1.0796

1.0787 **

Disclaimer

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