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EUR/CHF On The Way Down

Price is into a corrective phase, after the false breakout above the WL4 and above the first warning line (wl1) of the minor ascending pitchfork. A retest of the upper median line (ml) is favored at this moment, we’ll see what will react then. A breakdown below the upper median line (uml) will signal a major drop in the upcoming weeks.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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