EUR/CHF’s Downside Should be Contained

Technical Reports

Trading character is neutral. Following pivot points include: (S1) 1.1443; (P) 1.1471; (R1) 1.1493.

The corrective fall from 1.1622 can prolong to 1.1257, but downside should be contained. Overcoming of 1.1622 will point out uptrend resumption.

A long term growth is still in progress. EUR/CHF can target at 1.2000. This will be the favored case as long as resistance turned support 1.1198 keeps.