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analysing EUR/CHF for Tuesdayto Nov. 19, 2019



EUR/CHF intraday: as long as 1.0963 is support look for 1.1011
Our pivot point stands at 1.0963.

Our preference: as long as 1.0963 is support look for 1.1011.

Alternative scenario: the downside breakout of 1.0963 would call for 1.0944 and 1.0933.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.0974 and 1.0963).

Supports and resistances:

1.1034 **
1.1022 *
1.1011 **
1.1000
1.0978 last
1.0970
1.0963 **
1.0944 *
1.0933 **
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