The EUR/CHF fell a bit this week, but not significantly so. This pair is starting to look a lot like a sideways market, which isn’t surprising as it has been so bearish over the last few years. It had to rest sooner or later. Currently, it is a scalper’s market, and is hard to play from the long-term side of things. Look to buy on a break above 1.32, and sell on new lows. More than likely, you’ll be doing neither this week.
Originally posted here
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