The EUR/CHF pair fell significantly during the course of the day Wednesday, as we continue to consolidate overall. With that being the case, the market
The EUR/CHF pair fell significantly during the course of the day Wednesday, as we continue to consolidate overall. With that being the case, the market looks as if it is going to try to reach towards the massive support level below that has been so reliable. We believe that the 1.0750 level will continue to be an area where buyers step back into this market, and therefore we are simply waiting for supportive candle closer to that level in order to take advantage of what has been one of the more reliable trades in the Forex markets lately.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
