EUR/CHF is sandwiched between 1.2210 and 1.2204

FXStreet (Moscow) - EUR/CHF climbed to Asian high at 1/2210, but retraced to current level of 1.2204.

Marco statistics vs. risk

EUR/CHF lost some ground, though managed to finish week above 1.2200. The mid-term trend remains positive as long as the cross trades above 1.22190/80 on weekly basis. Risk sentiments might be CHF positive today as we are waiting for Ukraine election results that may trigger volatility on the European stock markets.

What are today’s key EUR/CHF levels?

Today's central pivot point can be found at 1.2211, with support below at 1.2203, 1.2198 and 1.2190 with resistance above at 1.2216, 1.2224 and 1.2229. Hourly Moving Averages are mostly bearish, with the 200SMA at 1.2214 and the daily 20EMA at 1.2206. Hourly RSI is bearish at 40