EUR/CHF Forecast March 3, 2016, Technical Analysis

The EUR/CHF pair initially tried to rally during the day on Wednesday, but turned back around to show signs of exhaustion. It still looks as if we’re going to try to get down to the 1.0750 level below, so at this point time we are suggesting that perhaps selling is the only thing you can do. Nonetheless, we would anticipate seeing quite a bit of support down there, so a supportive daily candle is reason enough to start buying as we are closer to the bottom of the current trading range in this pair.

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