started · updated
Part of situation:
Divergent trends in USD/CHF and EUR/CHF currency pairs (7 clusters)
Forex market outlook shows neutral trends for major currency pairs
Various currency pairs are showing neutral to consolidating trends in recent technical outlooks.
EUR/USD remains in a consolidation phase below 1.1710, with potential support at 1.1565 and resistance targets at 1.1791 and 1.2081. EUR/CHF is also range-bound below 0.9408, with a neutral intraday bias and potential support at 0.9244.
In other markets, EUR/GBP continues range trading with neutral bias, facing resistance at 0.8610. Meanwhile, USD/CHF has bounced off its pivot point and may move toward resistance at 0.8086.
Entities
Sources
EUR/USD Daily Outlook
[www.actionforex.com]
Bullish bounce setup? for ICMARKETS:USDCHF by IC
[www.tradingview.com]