EURCHF - Intraday - We look to Sell at 1.0930 (stop at 1.0955)
Continued downward momentum from 1.0956 resulted in the pair posting net daily losses yesterday. Bespoke support is located at 1.0830. There is no clear indication that the downward move is coming to an end. Ichimoku cloud support comes in at 1.0772. The 261.8% Fibonacci extension is located at 1.0785 from 1.0958 to 1.0892.
Our profit targets will be 1.0830 and 1.0785
Resistance: 1.0930 / 1.0957 / 1.1074
Support: 1.0863 / 1.0830 / 1.0785
Continued downward momentum from 1.0956 resulted in the pair posting net daily losses yesterday. Bespoke support is located at 1.0830. There is no clear indication that the downward move is coming to an end. Ichimoku cloud support comes in at 1.0772. The 261.8% Fibonacci extension is located at 1.0785 from 1.0958 to 1.0892.
Our profit targets will be 1.0830 and 1.0785
Resistance: 1.0930 / 1.0957 / 1.1074
Support: 1.0863 / 1.0830 / 1.0785
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