EURCHF Chart Technical Outlook projection analysis suggests limited upside pressure
The daily chart highlights bespoke resistance at 0.9649 and 1.0288. We can highlight a 261.8% extension level from these resistance zones. This time frame indicates limited upside pressure before we move lower within the second wave of a bullish Elliott Wave count (5 waves)
The intraday chart highlights a possible ending wedge formation. On a break of 0.9598, the measured move target is 0.9512. Bespoke support is located at 0.9512. This cross is on my watch list for a possible reversal at 0.9649.
