EUR/CHF Forecast February 1, 2016, Technical Analysis

The EUR/CHF pair broke higher during the course of the session on Friday, but turned back around to form a massive shooting star. Because of this, looks a queer can a pullback that we have broken out above a very important level, so at this point in time we expect this market to try to find support below so that we can continue to build up momentum and go much higher. We have no interest in shorting this market, and as a result we are to simply looking for those buying opportunities as they come along.