Wed, 10 Aug 2016 07:19:04 GMT
EUR/CHF 1H Chart: Channel Up
There are many studies suggesting the Euro is going to keep appreciating versus the Swiss Franc. The currency pair is forming a high-quality ascending channel. At the same time, the bullish outlook is reinforced by the technical indicators in all three relevant timeframes.However, in addition to being significantly overbought (70% of positions are long), the single currency is approaching an