Tue, 12 Dec 2023 12:51:40 GMT
EUR/CHF remains in pattern
Since the last review in July, the EUR/CHF has continued to trade in a large scale channel down pattern. However, the rate was fluctuating up and down between 0.9680/0.9700 and 0.9400/0.9420. Most recently, at the start of December the pair approached the 0.9400/0.9420 range's support.
A potential recovery of the Euro against the Swiss Franc could encounter resistance in the