By Jeremy Boulton — Feb 08 - 04:41 AM
EUR/CHF has closed below 21-MMA for over two years
21-MMA defined major peaks for EUR/CHF in 2019
EUR/CHF has risen over 21-MMA at 1.0805 but is yet to close above it
CHF should weaken in stimulus enriched conditions nL1N2KB0OR
Close over 1.0859 (23.6% drop from 1.2005) should excite
38.2% (min correction objective) is 1.1078
Risk rally weighs CHF nL1N2KE0HWnL1N2KE0JJnL1N2KE0LK
EURCHF Click here
Source:
Refinitiv IFR Research/Market Commentary