EURCHF - Intraday - We look to Sell at 1.0917 (stop at 1.0942)
Majority of the initial daily gains being overturned. Previous support level of 1.0841 broken. We have a 50% Fibonacci pullback level of 1.0828 from 0.9651 to 1.2000. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 1.0917.
Our profit targets will be 1.0830 and 1.0790
Resistance: 1.0880 / 1.0900 / 1.0917
Support: 1.0828 / 1.0785 / 1.0750
Majority of the initial daily gains being overturned. Previous support level of 1.0841 broken. We have a 50% Fibonacci pullback level of 1.0828 from 0.9651 to 1.2000. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 1.0917.
Our profit targets will be 1.0830 and 1.0790
Resistance: 1.0880 / 1.0900 / 1.0917
Support: 1.0828 / 1.0785 / 1.0750
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.