Swissquote Bank Research Team
Swissquote Bank Ltd
EUR/GBP
Watch 0.8905.
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Pivot (invalidation): 0.8935
Our preference
Short positions below 0.8935 with targets at 0.8905 & 0.8890 in extension.
Alternative scenario
Above 0.8935 look for further upside with 0.8960 & 0.8980 as targets.
Comment
A break below 0.8905 would trigger a drop towards 0.8890.
EUR/CHF
Under pressure.
Pivot (invalidation): 1.1310
Our preference
Short positions below 1.1310 with targets at 1.1260 & 1.1220 in extension.
Alternative scenario
Above 1.1310 look for further upside with 1.1345 & 1.1375 as targets.
Comment
A break below 1.1260 would trigger a drop towards 1.1220.
This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.
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