USD/CHF Morning Technical Report 24/11/2015

ecPulse
2015-11-24 11:46AM UTC

Overbought signs on RSI14 continued to prevent the USDCHF pair from soaring towards 113% Fibonacci level at 1.0260 and beyond.

However, we still depend on stable move above 100% level at 1.0125 and moving averages to be bullish.

 

Only , a breakout below 1.0100 will weaken the intraday positive chances, while coming below SMA20 at 1.0065 will damage the outlook.

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