Forex - Chart EUR/CHF Update: Higher into consolidation


 08:18 (GMT) 09 Oct

  [Forex Charts]

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Chart EUR/CHF Update: Higher into consolidation (0101-PJGH-C01)

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Asterisk denotes strength of level

09:10 BST - Anticipated downside tests are finding fresh support at 1.0870. A corrective bounce is now developing, whilst oversold intraday studies unwind, but structure is non-impulsive and daily readings are mixed, suggesting gains should be limited. Immediate resistance is at 1.0938 and extends to 1.0950. This area should cap any immediate corrective bounce.


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