EUR/CHF Weekly Outlook

EUR/CHF rebounded strongly last week, after hitting 55 day EMA. But upside was limited well below 1.1116 resistance and it retreated. Initial bias remains neutral this week first. Consolidation pattern from 1.1149 could extend further. But in case of another fall, we’d continue to expect strong support from 1.0954 to bring rebound, and then rally
The post EUR/CHF Weekly Outlook appeared first on Action Forex.

EUR/CHF rebounded strongly last week, after hitting 55 day EMA. But upside was limited well below 1.1116 resistance and it retreated. Initial bias remains neutral this week first. Consolidation pattern from 1.1149 could extend further. But in case of another fall, we’d continue to expect strong support from 1.0954 to bring rebound, and then rally […]

The post EUR/CHF Weekly Outlook appeared first on Action Forex.

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