EURCHF currency pair rising steadily from today’s open – driven up by the improved euro sentiment and the continued Swiss franc outflows. The next resistance stands at the key resistance level 1.1002 – preceded by the upper daily Bollinger Band at 1.0995. Selected Alpha ranks the total strength of these two resistance levels at 336.82 RealStrength points – only exceeded by EURCAD (802.87 RealStrength points) and CHFJPY (440.45 RealStrength points).
Selected Alpha ranks future reversal points – before they occur. The app scans over 200 major trading instruments in real-time (FX, stocks ,indexes, commodities and coins) – making sure you know when important trend-aligned or contrarian reversals are about to happen.
The following intraday FX sentiment chart shows the intraday sentiment was for the euro and the Swiss franc.