Cross-rates signals: EUR/CHF remains under the pressure
Cross EUR/CHF looks very overbought in the face of a decline in the euro, especially given the risks of a slowdown in the global economy and stimulus in the eurozone.
Deals for the sale of the EUR/CHF should be considered on the acceleration of a downtrend below the zone of 1.0830-20.
This opens the way for support levels: 1.0780 and 1.0750. Resistance is located at the levels of 1.0850 and 1.0880.
Read also: “Economy Switzerland.
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Hanzenko Anton
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