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 analysing EUR/CHF for Tuesdayto Nov. 26, 2019



EUR/CHF intraday: target 1.0947
1.1000 is our pivot point.

Our preference: target 1.0947.

Alternative scenario: above 1.1000, look for 1.1018 and 1.1029.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (1.0986) but above its 50 MA (1.0981).

Supports and resistances:


1.1029 **
1.1018 *
1.1000 **
1.0992
1.0984 last
1.0958
1.0947 **
1.0936 *
1.0925
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