Сross-rate signals: EUR/CHF resumes growth

It was said earlier on the pair EUR/CHF about the test of significant support 1.1720-00, which happened.

The consolidation of the pair above 1.1750-40 points to the formation of new support, from which it is worth considering transactions for purchases. The immediate target and resistance is 1.1800. The second significant resistance is the level of 1.1830-40, near it one should expect the formation of correction and the resumption of decline.

Fig. EUR/CHF. The current price is 1.1770.

Hanzenko Anton