Currency Pair:Usd/Chf
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.9659
Trend:uptrend
Possible trading range:0.95-0.98
Signals: A recent bullish breakout (0.9537) from a double bottom on the daily chart is going to encourage the bulls to engage in further buying
Fundamentals: The SNB has continued intervening on the market in an effort to stop further appreciation of the CHF. ON the other side the euro is disliked as investors search out for higher yields outside…
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.9659
Trend:uptrend
Possible trading range:0.95-0.98
Signals: A recent bullish breakout (0.9537) from a double bottom on the daily chart is going to encourage the bulls to engage in further buying
Fundamentals: The SNB has continued intervening on the market in an effort to stop further appreciation of the CHF. ON the other side the euro is disliked as investors search out for higher yields outside…