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Evening analysis EUR/CHF for Mondayto Nov. 18, 2019




EUR/CHF intraday: the downside prevails as long as 1.0961 is resistance

Our pivot point stands at 1.0961.

Our preference: the downside prevails as long as 1.0961 is resistance.

Alternative scenario: above 1.0961, look for 1.0980 and 1.0991.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.0947 and 1.0944).

Supports and resistances:

1.0991 **
1.0980 *
1.0961 **
1.0954
1.0943 last
1.0920
1.0909 **
1.0898 *
1.0887 **
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