EUR/CHF Forecast February 15, 2016, Technical Analysis

The EUR/CHF pair fell during the course of the day on Friday, as we continue to bounce around in the neighborhood of the 1.10 level. Ultimately, this market looks as if there are more than enough orders in this area to keep the market afloat though, so with that being the case we think that sooner or later the markets will continue to go higher and as a result we are buyers on a break above the 1.10 level again and again. We recognize that it could be fairly choppy, but at the end of the day there is no way to sell this market.