EUR/CHF Forecast November 25, 2015, Technical Analysis
The EUR/CHF pair initially tried to rally during the course of the day on Tuesday, but turned around at roughly 1.0850 in the middle of the session. With this, we formed a shooting star and that of course is a very negative sign. However, there is a significant amount of
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The EUR/CHF pair initially tried to rally during the course of the day on Tuesday, but turned around at roughly 1.0850 in the middle of the session. With this, we formed a shooting star and that of course is a very negative sign. However, there is a significant amount of support all the way down to the 1.0750 level, and any supportive candle in that region should have buyers stepping back into this marketplace. We believe that the market will then try to reach towards the 1.09 level as we continue to consolidate overall.
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