EUR/CHF reversed from support trendline

EUR/CHF reversed from support trendline

  • EUR/CHF reversed from support trendline
  • Next buy target - 1.1630

EUR/CHF today reversed up from the support trendline of the wide daily up channel from last August. The upward reversal from this support trendline continues the active minor impulse wave 1 of the intermediate impulse wave (1) from the start of February. If the pair closes near the current levels it will form the daily Morning Star. EUR/CHF is expected to rise further toward the next buy target at next resistance level 1.1630 (top of the previous (B)-wave).



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