EUR/CHF’s Diapason

Technical Reports

The cross is holding inside of 0.8686/8928 diapason. Trading stays neutral. If the entire 0.8928 resistance holds, projection remains bearish. The decline from 0.9305 should extend. Following pivot points include: (S1) 0.8719; (P) 0.8767; (R1) 0.8794.

Breach of 0.8686 should reach 61.8% retracement of 0.8312 to 0.9305. Bigger fall will align a repeat test of 0.8303/8312 support region.

Strong breach of 0.9304/5 should argue uptrend restoration. Diapason trading with a possibility of further decline is threatening. Repeat test on 0.8303 is likely. Sustained support from 0.8116 accumulation of support will restrain the downside.