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Add as a preferred source on Google FxWirePro: EUR/CHF holds 5-DMA support at 1.1303, on track to test 110-EMA at 1.1359 EUR/CHF chart on Trading View used for analysis EUR/CHF resumes upside after brief pause on Friday's trade, up 0.16% at 0815 GMT. The pair is holding support at 5-DMA and is on track to test 110-EMA at 1.1359. Momentum s…
By FxWirePro Team Jan 21, 2019, 8:37 AM UTC
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EUR/CHF chart on Trading View used for analysis
EUR/CHF resumes upside after brief pause on Friday's trade, up 0.16% at 0815 GMT.
The pair is holding support at 5-DMA and is on track to test 110-EMA at 1.1359.
Momentum studies are bullish, Stochs and RSI are sharply higher.
RSI is above 50 and biased higher. MACD also supports upside.
Cloud offers strong resistance, break above will propel the pair higher.
Support levels - 1.1308 (55-EMA), 1.1284 (21-EMA), 1.1274 (20-DMA)
Resistance levels - 1.1358 (110-EMA), 1.14, 1.1484 (200-DMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex .
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