EUR/CHF Technical Analysis and Price Forecast for Today

Tuesday, 9 July 2024, 07:34
The intraday bias in EUR/CHF is currently neutral, with a possibility of further consolidations below the temporary top at 0.9754. The forecast indicates an expected rally while the support level at 0.9639 remains intact. A bullish scenario is likely upon breaking above 0.9754 to retest the recent high at 0.9928, although a reversal towards the low of 0.9476 may occur if the support at 0.9639 is breached.
Actionforex
EUR/CHF Technical Analysis and Price Forecast for Today

EUR/CHF Daily Outlook

The intraday bias in EUR/CHF remains neutral for the moment, and some more consolidations could be seen below 0.9754 temporary top.

Further rally is expected with 0.9639 support intact.

On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high.

Nevertheless, break of 0.9639 will turn bias back to the downside for 0.9476 low instead.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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