EUR/CHF pair initially tried to rally during the course of the session on Friday, but found the area above the 1.10 level far too resistive again. By
EUR/CHF pair initially tried to rally during the course of the session on Friday, but found the area above the 1.10 level far too resistive again. By doing so, the market looks as if it is going to pull back but at this point in time there is more than enough support below to keep the market going higher in our estimation. Also, if we can break above the top of the range for the session on Friday, that would also be a reason to start buying this market. Because of this, we believe that this is a “buy only” market.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
