EUR/CHF Analysis


Let’s take a look at the EUR/CHF hourly chart.

We saw a strong move up from the low in August and it looks like the upward movement may potentially be fizzling out.

Look for a potential upward retracement from current price level (1.2150) to potential price points of 1.2250, 1.2400 then 1.2600. You can see a strong trend line in our chart so look for the currency pair to potentially test this price level.

Once we see the retracement complete, then look for a potential move back down.

Good luck with trading.

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