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May 10, 2016 2:59 AM

EUR/CHF Intraday: key resistance at 1.1070. Short

Euro Fx/Swiss FrancFXCM

Description

Pivot: 1.1070

Our preference: short positions below 1.1070 with targets @ 1.1030 & 1.1010 in extension.

Alternative scenario: above 1.1070 look for further upside with 1.1095 & 1.1125 as targets.

Comment: as long as the resistance at 1.1070 is not surpassed, the risk of the break below 1.1030 remains high.

Supports and resistances:
1.1125
1.1095
1.1070
1.10554 Last
1.1030
1.1010
1.0990
Comments
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STOP hit
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