FX.co ★ milford.mante | EUR/CHF

Sellers in the EURCHF currency pair are not in a hurry to settle below 0.9110. Could it be time for an upward movement to begin?! I hope so, but it's too early to draw conclusions. If the bulls manage to surpass 0.9125, then they will have the opportunity to advance towards 0.9140, 0.9155, and 0.9170. Beyond that, we will need to see how things develop; it would be nice to see a confident breakthrough of all targets with subsequent growth above 0.9300, but there are currently no indications of such significant weakness in the franc. Buying will have to wait if sellers can establish themselves below 0.9110. After breaking through 0.9110, the decline may continue towards 0.9095, 0.9080, 0.9065, gradually reaching 0.9000.