theforexportal

Which way for EUR/CHF?

FX:EURCHF   Euro / Swiss Franc
14 0 0
EUR/CHF             has been squeezed into a very narrow trading band between 1.0950 and 1.0900.

A break either side could set the direction of this pair for some time. Interestingly the 200 day sma falls right in the middle of the wedge .

As the price has been held under the 200 for several hours now, I favour a move to the downside.but we could move sideways for a while yet.

Any break of the wedge/flag could be aggressive.
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out