EUR/CHF intraday: rebound towards 1.0847

EURCHF

Trading Central 2021-01-13 04:55:06

Our pivot point stands at 1.0802.

Our preference: rebound towards 1.0847.

Alternative scenario: the downside breakout of 1.0802 would call for 1.0787 and 1.0779.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1.0816) but below its 50 period moving average (1.0819).

Supports and resistances:

1.0864 **

1.0855 *

1.0847 **

1.0838

1.0816 last

1.0807

1.0802 **

Disclaimer

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