EUR/CHF intraday: the upside prevails as long as 1

EUR/CHF intraday: the upside prevails as long as 1.0886 is support

EURCHF

Trading Central 2021-02-23 03:06:05

1.0886 is our pivot point.

Our preference: the upside prevails as long as 1.0886 is support.

Alternative scenario: below 1.0886, expect 1.0873 and 1.0866.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0891 and 1.0883).

Supports and resistances:

1.0935 **

1.0928 *

1.0921 **

1.0913

1.0898 last

1.0890

1.0886 **

Disclaimer

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