The EUR/CHF pair had a slightly positive week, bouncing off of the 1.08 level. The market continues to find buyers in that general area, and as a result
The EUR/CHF pair had a slightly positive week, bouncing off of the 1.08 level. The market continues to find buyers in that general area, and as a result we believe that every time this market pulls back you have to consider buying. In the end, we believe that we can break above the 1.10 level, the EUR/CHF pair should continue to go much higher, perhaps reaching towards the 1.20 level over the longer term. We have no interest in selling, there is more than enough support below to continue pushing higher.
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.
