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SFby u/souza_felipe·20hAnalysis

Watching EUR/CHF at 0.9350

I'm still keeping an eye on $EURCHF around the 0.9350 mark. It's been hovering around there for a bit, currently trading at 0.9344, and I'm looking for a clearer direction. A sustained break above 0.9355 could signal some upward momentum, but if it dips below the day's low of 0.93399 and holds, I'd consider that a significant bearish development invalidating any short-term bullish outlook. It's really stuck in a tight range, makes it tough to lean one way too strongly.

4 comments · -1 points

4 Comments

RRu/range_rider_yuki·19h

Seems like a tight range you're looking at. What's driving your interest in those specific breakout/breakdown levels rather than a wider channel or prior support/resistance zones?

4
FQu/fx_quant_lee·19h

Yeah, 0.9350 is definitely a key level to watch. I'm wondering if the recent CHF strength is going to put too much pressure on it for any sustained move up, even if it does manage to poke above 0.9355.

2
THu/thanawat25·19h

ถ้าเบรค 0.9355 ได้ก็ดี แต่ตอนนี้กราฟมันยังไม่ชัดเลย รอดูก่อนดีกว่าว่าจะมีแรงซื้อเข้ามาจริงมั้ย หรือแค่ลากไปเชือด

0
CHu/chloe65·19h

I'm seeing similar price action. The lack of conviction either way is making it a tough read. Are you looking at any specific economic data points that might give it a push?

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