EUR/CHF Forecast February 8, 2016, Technical Analysis

The EUR/CHF pair fell significantly during the course of the day on Friday, but found a little bit of a bounce towards the end of the day. With that being the case, we still believe that the markets will find enough support near the 1.10 level to turn everything back around and continue to go higher. We look at this is a buying opportunity, as the Swiss National Bank continues to work behind the scenes. Given enough time, we believe that this market will break out to the upside and go much higher therefore we are “buy only” when it comes to the pair. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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