By ForexMansion.com

 

The EUR/CHF pair continues to grind upwards, although today printed a negative bar. The fact that it is closing off of the lows shows that there are still plenty of traders willing to buy out there. The pair looks like it will more than likely consolidate between 1.30 and 1.32, with the latter being vital to the sellers. A break above it gets us to 1.33 and 1.35 quickly, while a break below 1.30 sends us back down to the lows.

Originally posted here

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