EUR/CHF Forecast November 30, 2015, Technical Analysis

The EUR/CHF pair broke higher during the course of the session on Friday, clearing the 1.09 level. This is a market that should continue to grind itself higher though, reaching towards the 1.10 level after that. If we can break above the 1.10 level, the market should then continue to go much higher as the market will be free to go all the way to the 1.20 level given enough time. At this point in time, we look at pullbacks as buying opportunities as well, and the 1.0750 level seems to be the “bottom” of the market.