The EUR/CHF pair is currently in between the key levels around 0.97000–0.97900. We might see a bounce from here up to the next resistance of 0.99500 and even up to the 1.00500 level, in confluence with the 50 MA.
However, the overall trend for the EUR/CHF is seemingly bearish, and we could potentially see a revisit to the key resistances below 0.97000.
One...
The euro-Swiss franc ( EUR/CHF ) exchange rate is in the spotlight today as the pair returned to hit parity for the second time since early March.
The eurozone's worsening economic outlook continues to push ( EUR/CHF ) lower, and the market appears to be giving more credit to the Swiss National Bank's (SNB) ability to continue rising rates to curb...
EURCHF is hitting a strong resistance while also forming a rising wedge. The 61 on the fib was rejected and past times there has been a solid retest on this pair so we will wait for another retest before entry.
