HomeContributorsTechnical AnalysisEUR/CHF Further Drop Invalidated

EUR/CHF Further Drop Invalidated

Price increased significantly in the second part of the yesterday’s trading session and has managed to stay much above the upper median line (uml) of the minor ascending pitchfork. Price increased today and resumes the yesterday’s increase. Technically, it should approach and reach the upper median line (uml) of the descending pitchfork in the upcoming period after the failure to reach the median line (ml).

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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