EURCHF 16th MAY 2022While the franc is indicated even weaker than that level on valuation modeling, that 1.08-1.09 band against the euro may acknowledge some of the legitimate pressure for the franc to strengthen amid the war. So it would still be a compromise for the SNB, but a level where it would be far more comfortable with.
Euchf
EURCHF is on bearish momentum! | 5th Jan 2022Prices are on bearish momentum and abiding to our bearish trendline. We see the potential for a dip from our sell entry at 1.03776 in line with 61.8% Fibonacci extension towards our Take Profit at 1.03374 in line with 78.6% Fibonacci retracement. Technical indicators are at levels where dips previously happened.
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EUR/CHF🇪🇺 🇨🇭 to RISE and test the 1.07344 level.EUR/CHF🇪🇺 🇨🇭 is rising in the Upward and we see that the price is coming back to the channel. According tot he bullish cross of 25&50 ma , ROC 6 swing an crossover of the Stochastic the price is going to test the 1.07344 level.
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