Euro is breaking higher on possibility of joint-EU bonds
1.05 is major long term support and appears to have held.
A spike higher in EUR/CHF beyond a down sloping trendline could usher in further upside
Hi Traders, here is my analysis on EURCHF buys. This is based on the consensus for ECB today (in 36 mins of time of writing), which will create a short spike down for potential longs (if goes as planned). Combining this with the technicals, we can see 2 levels that are yet to be filled, on the weekly fib, and a daily fib. Of course, if news comes out the other...