Cross-rates signals: EUR / CHF keeps upward dynamics

Cross-rate EUR / CHF, against the backdrop of political risks in the euro area and mixed statistics, markedly slowed the upward trend, which was pursued since mid-June. The upward dynamics of the pair is also confirmed by the Forex indicators.

A deal for a EUR / CHF pair should be considered from the lower border of the upward channel 1.1530-50, which also acts as the main support. The goals are located at the levels: 1.1580 and 1.1600.

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Hanzenko Anton