Cross-rates signals: EUR/CHF continues to form a triangle

After another faght back of the EUR/CHF cross from the significant psychological resistance 1.1700, this cross was under pressure, which indicates the formation of a triangle. Earlier, expectations for this cross were fully justified.

Now, a downtrend is expected. The sales zone are the levels of 1.1680-60. Resistance is located at the levels: 1.1700 and 1.1720, the breakthrough of which cancels the scenario for a decline. The goal is the levels: 1.1630 and 1.1610-00, the lower boundary of the triangle.

Hanzenko Anton