Intraday bias in EUR/CHF stays neutral for consolidation above 0.9768 temporary low. As noted before, a medium term could be formed at 0.9928 on bearish divergence condition in D MACD. Risk will now stay mildly on the downside as long as 0.9928 resistance holds, in case of recovery. Break of 0.9768 and sustained trading below […]
Daily Pivots: (S1) 0.9015; (P) 0.9082; (R1) 0.9117; More… USD/CHF dips further today as consolidation from 0.9200 extends, but stays well above 0.8956/64 support. Intraday bias stays neutral first. Outlook will remain bullish as long as 0.8956/64 support holds. Firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. […]
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