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HomeContributorsTechnical AnalysisEUR/CHF Another Leg Lower?

EUR/CHF Another Leg Lower?

MultiBank Exchange Group
By MultiBank Exchange Group

EUR/CHF dropped today and failed to reach the next major upside target from the fifth warning line (WL5). Now is pressuring the broken warning line (wl1) of the minor ascending pitchfork, a failure to stay above this line and above the 1.1536 level will send the rate towards the upper median line (uml) again.

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.

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