EUR/CHF broke the support level 1.0900

EUR/CHF broke the support level 1.0900

  • EUR/CHF broke the support level 1.0900
  • Next sell target - 1.8200

EUR/CHF continues to fall inside the minor corrective wave (iv), which started earlier from the resistance zone lying between the resistance level - 1.0976 (previous buy target set in our earlier forecast for this currency pair) and the upper daily Bollinger Band. The price today broke the support level 1.0900 – which intensified the bearish pressure on this currency pair.

EUR/CHF is expected to fall further to the next sell target at the support level 1.8200 (previous strong resistance level from March, intersecting with the 50% Fibonacci correction of the upward impulse from April).


EUR/USD: "V-Top" pattern

The pair is likely going to test the nearest support at 1.2313. If a pullback from this level happens little later on...



Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

promotions you can be interested in

Deposit with your local payment systems


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