Сross-rates signals: EUR/CHF limited to oversold
The EUR/CHF was under considerable pressure, in the face of negative sentiment and investors flight from risk. At the same time continues to maintain a two-month uptrend. Thus, the EUR/CHF pair is expected to turn around on the rebound from the level 1.1310-30, the lower limit of the upward channel. This will open the way to resistance levels: 1.1400 and 1.1430. Support is located at levels: 1.1300 and 1.1280.
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Hanzenko Anton
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