Cross-rate signals: EUR/CHF keeps potential for decrease
In the face of uncertainty, expectations for the pair EUR/CHF remain in effect as targets with stops. But, due to the update of the maximum, the main support level, the breakout of which will serve as a signal for the sale, is the zone 1.1520-30.
In this case, one should expect further reduction of the pair from the development of the lateral triangle, which will open the way to the support levels: 1.1450 and 1.1400.
Fig. EUR/CHF. The current price is 1.1440.
Hanzenko Anton
