Temporary Low Was Formed in EUR/CHF

Technical Reports

Trading in the pair is neutral. A temporary minimum was formed at 1.1260. Pivot points are at: (S1) 1.1304; (P) 1.1326; (R1) 1.1351.

Overcoming of 1.1267 will widen the decline to 61.8% retracement at 1.1100. Pull back in the pair can complete because of overcoming of 1.1394 level.

Firm breach of key resistance 1.1198 indicates restoration of a long term increase. The cross might head towards 1.2000. While the 1.1087 resistance turned support stands, this prognosis will prevail.