The EUR/CHF pair broke higher during the course of the day on Wednesday, finally clearing the 1.09 level with significant, as it races towards the 1.10
The EUR/CHF pair broke higher during the course of the day on Wednesday, finally clearing the 1.09 level with significant, as it races towards the 1.10 level. This is an area that’s been rather resistive recently though, see you can expect a real fight. Short-term pullbacks might offer buying opportunities, but beyond that we are not looking at much when it comes to this pair although we are the first to admit that the candle for the session on Wednesday has been rather impressive. We most certainly have no interest in selling this market at this point.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
