Cross-rate signals: EUR/CHF keeps potential for decrease - Ester Holdings
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Cross-rate signals: EUR/CHF keeps potential for decrease

In the face of uncertainty, expectations for the pair EUR/CHF remain in effect as targets with stops. But, due to the update of the maximum, the main support level, the breakout of which will serve as a signal for the sale, is the zone 1.1520-30.

In this case, one should expect further reduction of the pair from the development of the lateral triangle, which will open the way to the support levels: 1.1450 and 1.1400.

Fig. EUR/CHF. The current price is 1.1440.

Hanzenko Anton

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