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EUR/CHF Analysis


acunmeswew

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3 Rising pattern formed on h1 chart, this means that EURCHF is pretty much bullish, and not just that it also able to closed above the bullish channel, means it break it out. RSI, Stochastic,MACD, and Parabolic SAR are also bullish, by the current condition i see this pair may be bullish in few hours later and will rise to test the resistance at 1.0690

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On H1 chart, hanging man formed and followed by strong bearish sentiment indicated further bearish sentiment or correction. I see EURCHF is testing pivot and if able to break it then it will likely to fall further especially with RSI and Stochastic support. Price according to my analysis may fall in the range between 1.0847 - 1.0840.

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