EURCHF 4H Chart: Increases trading range

FX:EURCHF   Euro / Swiss Franc
The common European currency has been constrained in an ascending channel against the Swiss Franc . The rate bounced off the lower boundary of a junior channel and has since remained bullish .
In the four-hour time frame, the EUR/CHF is trading in a medium-scale triangle. A support cluster set by the weekly pivot point and the 55– hour simple moving average near 1.1703 was providing support for the currency pair.
If the aforementioned support cluster holds, a breakout through the upper boundary of the triangle is likely to occur during the following trading sessions. In addition, technical indicators are in favour for bulls to continues their presence in the short term.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out