EUR/CHF intraday: rebound towards 1.0819

EURCHF

Trading Central 2021-01-14 04:44:05

Our pivot point is at 1.0775.

Our preference: rebound towards 1.0819.

Alternative scenario: the downside breakout of 1.0775 would call for 1.0760 and 1.0752.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0798 and 1.0810).

Supports and resistances:

1.0836 **

1.0827 *

1.0819 **

1.0810

1.0790 last

1.0780

1.0775 **

Disclaimer

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