Cross-rates signals: EUR / CHF waiting for correction - Ester Holdings
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Cross-rates signals: EUR / CHF waiting for correction

Cross-rate EUR / CHF, after a decline at the beginning of the day, approached the significant support 1.1490-70. This level of support acts as the lower boundary of the descending channel, from which it is possible to repel the correction and reduce the risks. So, the return of crosses above 1.1500 will indicate the resumption of growth to resistance levels 1.1540-50 and 1.1570.


 

Read also: “Fundamental analysis: Inflation and the impact of its indicators on world currencies”

Hanzenko Anton

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