Cross-rate signals: EUR/CHF is near significant resistance - Ester Holdings
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Cross-rate signals: EUR/CHF is near significant resistance

Given the monthly movement of the EUR/CHF cross-rate in the ascending triangle and the unavailability of this pair to exit from it, one should expect the pair to fall from the resistance level 1.1700-30.

The main level, from which it is worth to regard sales, are: 1.1700-10 and 1.1680. With the further test of support 1.1650 and 1.1620. Resistance levels are: 1.1700 and 1.1720, fixing prices above them defer entry for sale.

Fig. EUR/CHF H4. The current price is 1.1690.

Hanzenko Anton

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