EURCHF (1H) - short term bullish bias
The euro is trying to make a recovery across the board on Thursday. After a double dip, the pair rallied back above 1.0820. The bullish RSI divergence suggests that the sell-side has lost its momentum, a sign that sentiment could be improving. The latest bullish confirmation comes in the shape of the 20-hour moving average crossing above the 30-hour one. As the euro consolidates its gains, we would expect the rally to extend and test the previous highs around 1.0850.
Key support: 1.0800
Key resistance: 1.0850
The euro is trying to make a recovery across the board on Thursday. After a double dip, the pair rallied back above 1.0820. The bullish RSI divergence suggests that the sell-side has lost its momentum, a sign that sentiment could be improving. The latest bullish confirmation comes in the shape of the 20-hour moving average crossing above the 30-hour one. As the euro consolidates its gains, we would expect the rally to extend and test the previous highs around 1.0850.
Key support: 1.0800
Key resistance: 1.0850
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.