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.
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.
