EUR/CHF intraday: rebound towards 1.0987(16.12.2019)

1.0937 is our pivot point.

Our preference: rebound towards 1.0987.

Alternative scenario: the downside breakout of 1.0937 would call for 1.0919 and 1.0908.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (1.0951) but under its 50 MA (1.0959).

Supports and resistances:
1.1009 **
1.0998 *
1.0987 **
1.0976
1.0953 last
1.0945
1.0937 **
1.0919 *
1.0908 **