EUR/CHF broke support area

Read the article on FBS website
  • EUR/CHF broke support area
  • Next sell target - 1.1740

EUR/CHF recently broke through the support zone lying between the strong support level 1.1830 (former powerful resistance from January) and the 38.2% Fibonacci correction of the previous sharp upward impulse from February. The breakout of this support area accelerated the active minor impulse wave C. EUR/CHF is expected to fall further toward the next sell target at next support level 1.1740.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.