- EURCHF broke resistance level 0.9850
- Likely to rise to resistance level 1.0000
EURCHF recently broke the resistance level 0.9850 (former support from February) intersecting with the 50% Fibonacci correction of the downward impulse 1 from the start of March.
The breakout of the resistance level 0.9850 accelerated the active short-term correction 2.
Given the strongly bearish Swiss franc sentiment, EURCHF currency pair can then be expected to rise further toward the next round resistance level at parity, 1.0000.
 intersecting with the 50% Fibonacci correction of the downward impulse 1 from the start of March.){kind=link}