EUR/CHF Changed Little

EUR/CHF looks undecided today, is fighting hard to resume the minor rebound, but the bulls need support. Technically, it should climb higher after the false breakdown below the upper median line (uml) of the minor ascending pitchfork and after the failure to reach the median line (ml) of the descending pitchfork.

Is still under some pressure on the daily chart despite the current increase. A valid breakdown below the upper median line (uml) will announce a significant drop.

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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