EUR/CHF Intraday: Bullish.
0.9559 serves as a turning point.
Trading Strategy: Bullish.
Alternative Strategy: If it falls below 0.9559, the EUR/CHF is targeting 0.9542 and 0.9531.
Technical Review: RSI technical indicator is above the neutral zone of 50. MACD technical indicator presents a bearish outlook and is above its signal line. Additionally, the price is below its 50-day moving average (0.9577) but above the 20-day moving average (0.9573).
Support and Resistance Levels: 0.9628, 0.9618, 0.9607, 0.9596, 0.9574 (current price), 0.9566, 0.9559, 0.9542, 0.9531.
USD/CAD Intraday: Under Pressure.
Turning Point: 1.3615
Trading Strategy: Below 1.3615, bearish, targeting 1.3570, then 1.3550.
Alternative Strategy: Above 1.3615, bullish, targeting 1.3635, then 1.3655.
Technical Review: As long as the 1.3615 resistance level is not breached, there is a high risk of breaking below the 1.3570 level.
Support and Resistance Levels: 1.3655, 1.3635, 1.3615, 1.3589 closing price, 1.3570, 1.3550, 1.3530.
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