Another Fall in EUR/CHF

Technical Reports

The correction from 1.0986 has prolonged. Still, there was a decrease to 1.0830. Another fall is awaited. Sustained support from a support zone of 1.0791/0872 should fill the downside and draw a recoil.

Breach of 1.0908 resistance will indicate that the correction has concluded. If that happens, trading will turn up on the upside towards a repeat test of 1.0987/0999 resistance zone.

Price dynamic from 1.1198 is considered as a correction. Firm recoil should confirm its conclusion after facing 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Choppy breach of 1.0999 resistance will align a test on the maximum of 1.1198.