EUR/CHF Daily Outlook & Forecast

Thursday, 11 July 2024, 06:53
The EUR/CHF currency pair is currently trading within a defined range below the key level of 0.9754, maintaining a neutral bias in the short term. A potential uptrend is anticipated as long as the support at 0.9639 remains unbroken. A breach above 0.9754 could lead to a continuation of the recent uptrend towards the high of 0.9928. Conversely, a breakdown below 0.9639 may shift the bias downwards towards the low of 0.9476.
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EUR/CHF Daily Outlook & Forecast

EUR/CHF Daily Outlook & Forecast

The EUR/CHF currency pair is currently trading within a defined range below the key level of 0.9754, maintaining a neutral bias in the short term. A potential uptrend is anticipated as long as the support at 0.9639 remains unbroken.

Key Points:

  • Above 0.9754: Resumption of the rebound from 0.9476 towards 0.9928 high.
  • Below 0.9639: Potential return to the downside targeting 0.9476 low.

Stay updated with the latest EUR/CHF developments to make informed trading decisions.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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