EUR /CHF forecast for the week of November 23, 2015, Technical Analysis

The EUR/CHF pair had a slightly positive week, bouncing off of the 1.08 level. The market continues to find buyers in that general area, and as a result we believe that every time this market pulls back you have to consider buying. In the end, we believe that we can break above the 1.10 level, the EUR/CHF pair should continue to go much higher, perhaps reaching towards the 1.20 level over the longer term. We have no interest in selling, there is more than enough support below to continue pushing higher.