HomeContributorsTechnical AnalysisEUR/CHF Towards New Peaks

EUR/CHF Towards New Peaks

Price edges higher and jumped above the 1.1536 static resistance, a valid breakout will confirm a further increase in the upcoming period. The next upside target will be at the fifth warning line (WL5), could be attracted also by the WL3 on the short term. Only a failure to reach these lines will signal another drop on the short term.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

Featured Analysis

Learn Forex Trading