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EUR/CHF chart on Trading View used for analysis
- EUR/CHF resumes upside after brief pause on Friday's trade, up 0.16% at 0815 GMT.
- The pair is holding support at 5-DMA and is on track to test 110-EMA at 1.1359.
- Momentum studies are bullish, Stochs and RSI are sharply higher.
- RSI is above 50 and biased higher. MACD also supports upside.
- Cloud offers strong resistance, break above will propel the pair higher.
Support levels - 1.1308 (55-EMA), 1.1284 (21-EMA), 1.1274 (20-DMA)
Resistance levels - 1.1358 (110-EMA), 1.14, 1.1484 (200-DMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
