The EUR/CHF pair broke higher during the course of the week, breaking above the 1.10 level at one point in time. Having said that, if we can break above
The EUR/CHF pair broke higher during the course of the week, breaking above the 1.10 level at one point in time. Having said that, if we can break above the top of the range for the week, we should continue to grind higher. This will be a grind though, and not necessarily a move that can be easy to make. Pullbacks will continue to find support in our estimation, and as a result it is a market that we can only buy. Ultimately though, this is probably better suited for short-term trading.
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.
