HomeContributorsTechnical AnalysisEUR/CHF Struggling To Stay Higher

EUR/CHF Struggling To Stay Higher

The rate has reached new lows today, but has squeezed a little and tries to stay near the 1.1504 yesterday’s closing price. It is somehow expected to reach the upper median line (uml) of the minor ascending pitchfork. Is trading right above the 1.1500 psychological level, but if will close below this obstacle a below the upper median line (uml) of the ascending pitchfork will confirm a drop at least till the median line (ml) of the ascending pitchfork.

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.

Featured Analysis

Learn Forex Trading