Free signals for cross-rates: EUR/CHF continues to maintain a downtrend

After updating the weekly high with the EUR/CHF pair at 1.1580, this cross-rate resumed the decline, thereby confirming the expectations for this pair. In this case, the main forecast remains in force.

When forming a reversal, one should expect the pair to fall to support levels: 1.1450 and 1.1400-1.1370. Fixing a pair above 1.1550 will cancel the scenario for reinforcement and indicate the formation of correction. The main support that limits the further decline of the pair is the level of 1.1500.

Fig. EUR/CHF. The current price is 1.1510.

Hanzenko Anton