EUR/CHF’s Firm Support

Technical Reports

Bigger decrease is likely if the entire 1.1511 minor resistance holds. The correction from a near term top 1.1622 should break 1.1355 support. Following pivot points include: (S1) 1.1400; (P) 1.1429; (R1) 1.1448.

Firm support from 1.1257 should draw a recoil. Breach of 1.1511 minor resistance will mark ending of retreat and align a repeat test of 1.1622.

Long term lift is extending. The cross might head towards 1.2000. While the 1.1087 resistance turned support stands, this prognosis will prevail.