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EURCHF April 15, 2019 Weekly Analysis

Exclusive Capital Ltd.


The EUR/CHF recovered from the lows and has reached the 1.1330 (55-DAY MA) level. If the price breaks the 1.1330 level, the next target will likely be at the 1.1397. In contrast, support is found at the 1.1260 and 1.1180 respectively. A break below the 1.1180 could possibly force the pair as low as 1.1090 level. The RSI(DAY) closed at the overbought territory. CCI(DAY) remains at the overbought territory.

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Source: https://www.exclusivecapital.com/eurchf-april-15-2019-weekly-analysis/
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