Two days ago I wrote: “A break below this level (1.071) could mean the end to the current medim term uptrend. If the level holds, the 1.083 would need to be broken on the top to break out of the …

20200611- EUR/CHF – easy come, easy go and back into the downtrend Read more »

Tagged with: , , , , , ,

From the lows around 1.05 the EURCHF rose above the resistance at 1.06066 on enthusiasm about the COVID19-recovery programmes of unprecedented amounts delivered by the European Central Bank and the governments. Furthermore there is indications that the Swiss National Bank …

20200609- EUR/CHF – broke out but still in primary downtrend Read more »

Tagged with: , , , , , ,