EUR/CHF
The assessment is that the The euro – Swiss franc pair is "taking a breather" just before it continues its movement upwards with the start of a new wave.
In the long term, the pair will continue their upward sequence by what we see in figure technique, is forming a reversal pattern, shoulder head shoulder inverted, for which we have a probability to make a price correction, then strongly up to the levels of 1.2500 dollars per Swiss franc.
Performed by Gerardo Porras Palomino, Analytical expert
InstaForex Companies Group © 2007-2011
The assessment is that the The euro – Swiss franc pair is "taking a breather" just before it continues its movement upwards with the start of a new wave.
In the long term, the pair will continue their upward sequence by what we see in figure technique, is forming a reversal pattern, shoulder head shoulder inverted, for which we have a probability to make a price correction, then strongly up to the levels of 1.2500 dollars per Swiss franc.
Performed by Gerardo Porras Palomino, Analytical expert
InstaForex Companies Group © 2007-2011
