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

EUR/CHF intraday: the upside prevails as long as 1.0926 is support

EURCHF

Trading Central 2021-02-23 19:08:11

Our pivot point is at 1.0926.

Our preference: the upside prevails as long as 1.0926 is support.

Alternative scenario: the downside breakout of 1.0926 would call for 1.0913 and 1.0905.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0912 and 1.0900).

Supports and resistances:

1.0983 **

1.0976 *

1.0968 **

1.0960

1.0938 last

1.0931

1.0926 **

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