The previously described and mysterious support line on the EUR/CHF currency pair chart has done its work. However, another important trend line has been noticed.
The currency rate faces a resistance line, which is of similar scale than the previously described trend line. This trend line together with the previously described support are creating a medium scale triangle pattern.
However, to which side the pair will break out is quite unclear, as for that the larger scale situation should be looked at. Meanwhile, look up how to actually trade triangle patterns.
