Thu, 23 Dec 2021 10:41:47 GMT
EUR/CHF breaks pattern
The EUR/CHF has broken the channel down pattern, which guided it since mid-September. The rate broke the pattern by trading sideways in a set range since the end of November. Namely, the pair finds support at 1.0377/1.0390 and resistance is located at 1.0450/1.0465.
If the rate breaks the resistance zone, it could stop at the 2020 low level at 1.0510