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Feb 08 - 06:55 AM

EUR/CHF - On Verge Of A Major Tech Development

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

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