Currency Pair: EUR/CHF
Chart: 15 Min Charts
Short-Term Bias: Short
Price action for the EUR/CHF has held within the 1.5986 to 1.6374 range since May, and may offer profitable opportunities for forex traders. After finding support at 1.6097 last week, the euro has gained momentum to the upside, and looks to have found resistance at 1.6204 (78.6% Fib level).
Be sure to check out Jamie’s Technical Outlook for the additional information on the major currency pairs.
