The EUR/CHF pair went back and forth during the course of the session on Friday, bouncing back above the 1.06 level by the end though. That being the
The EUR/CHF pair went back and forth during the course of the session on Friday, bouncing back above the 1.06 level by the end though. That being the case, the market breaking back above the top of the range for the Friday session would be a decent buying opportunity in our opinion. Remember, the Swiss National Bank has been selling off the Swiss franc in general, and as a result we feel that this pair should continue to go higher. We have no interest in selling, simply because of all the noise below and of course the aforementioned central bank actions.
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.
