EUR/CHF broke key resistance level 1.0900

EUR/CHF broke key resistance level 1.0900

  • EUR/CHF broke key resistance level 1.0900
  • Next buy target - 1.0976

EUR/CHF has been rising sharply in the last few trading sessions inside the minor impulse wave (iii) – which started earlier from the support level (former strong resistance level from March, acting as support fare it was broken previously). The pair today broke above the key resistance level 1.0900 (top of the earlier sharp B-wave from December). 

If the pair closes today above resistance level 1.0900 - EUR/CHF can then be expected to rise to the next buy target at the next resistance level 1.0975 (former strong resistance from September and the target price calculated for the completion of the active impulse wave 3).

Similar

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

gbp

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera