While the franc is indicated even weaker than that level on valuation modeling, that 1.08-1.09 band against the euro may acknowledge some of the legitimate pressure for the franc to strengthen amid the war. So it would still be a compromise for the SNB, but a level where it would be far more comfortable with.
Prices are on bearish momentum and abiding to our bearish trendline. We see the potential for a dip from our sell entry at 1.03776 in line with 61.8% Fibonacci extension towards our Take Profit at 1.03374 in line with 78.6% Fibonacci retracement. Technical indicators are at levels where dips previously happened. Any opinions, news, research, analyses, prices,...
EUR/CHF🇪🇺 🇨🇭 is rising in the Upward and we see that the price is coming back to the channel. According tot he bullish cross of 25&50 ma , ROC 6 swing an crossover of the Stochastic the price is going to test the 1.07344 level. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Price action Technique MARKET will long according to analysis at mentioned price. Review market and take action on your analysis.
H4 - Breakout of downtrend line happened. Price moved higher after breakout. We can look for buys as long as the last low holds. Suggested strategies for this trading opportunity : sRs Trend Rider 2.0 and Forex Triple B 2.0