The EUR/CHF pair went back and forth during the day on Thursday, testing the 1.09 level below. That is an area that has had quite a bit of support
The EUR/CHF pair went back and forth during the day on Thursday, testing the 1.09 level below. That is an area that has had quite a bit of support recently, and as a result we turn right back around and form a fairly neutral candle but it appears that sooner or later we are going to reach towards the 1.10 level above. You have to be very cautious, but sooner or later we should make it to that level above. We have no interest in selling, because quite frankly it’s so supported below.
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.
