Cross-rates signals: EUR/CHF forms an upward correction
Cross EUR/CHF, after almost a month of decline, rebounded from the support level: 1.1120, indicating the formation of a correction against the decline. A continuation of the upward correction can be expected to break through the level of 1.1200. In this case, it is worth considering the possibility of a decline after growth on overbought. Significant support is located at levels: 1.1170 and 1.1150, from which the possibility of rebound is not excluded. Goals and resistance levels are located at levels: 1.1250 and 1.1280.
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Hanzenko Anton
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