Contributors Technical Analysis EUR/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.

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