Contributors Technical Analysis EUR/CHF Bullish Until Sellers Appear

EUR/CHF Bullish Until Sellers Appear

EUR/CHF extends the amazing rally, has managed to climb above the 1.1450 level on Monday, much above the 1.1405 last week’s high. Price dropped in the fresh start of the week, but the buyers are still in the game and have forced the rate to breakout above the confluence area formed between the wl2 and the wl1.

You can see that has reached another upside target (WL4), a valid breakout above the fourth warning line (WL4) will confirm a further increase.

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