EUR/CHF Forecast January 25, 2016, Technical Analysis

The EUR/CHF pair rose during the course of the day on Friday, testing the 1.10 level yet again. Given enough time we believe that this market will break above there, and then becomes a longer-term “buy-and-hold” type of situation. Ultimately, any pullback at this point in time should find plenty of buyers below, and we would buy those supportive candles. We have no interest in selling, as we believe this market is simply trying to build up enough inertia to finally make a move higher that seems to be the natural proclivity of things.

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