The EUR/CHF pair rose during the course of the week, breaking the top of the shooting star from the previous week. This of course is a very bullish sign
The EUR/CHF pair rose during the course of the week, breaking the top of the shooting star from the previous week. This of course is a very bullish sign and we feel it’s only a matter of time for this market continues to go higher. If we can get above the 1.10 level, we feel becomes a longer-term “buy-and-hold” type of situation. Pullbacks should continue to offer value, and we believe that the Swiss National Bank continues to lift this market as they try to depreciate the Swiss franc overall.
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.
