Cross-rates signals: EUR/CHF is preparing to resume the growth
In the face of a weaker euro, the EUR/CHF cross fell to a significant support of 1.1200, which corresponds to the lower limit of the two-week ascending channel. Against the background of the recovery of the euro from this level, we can expect a break with a further test of the resistance level: 1.1260 and 1.1280.
Deals for the buy should be considered on the formation of rebound above the zone 1.1220-30.
Support levels are located at the levels: 1.1200 and 1.1180, fixing the pair below will cancel expectations for growth.
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Hanzenko Anton
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