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EUR/CHF Finds Support

EUR/CHF Finds Support

Thomas Long, Course Instructor

Many currency pairs have been moving against the prevailing trend and the EUR/CHF is no exception. This pair has bounced up off of the lows but has experienced limited buying interest. This pair is still in a downtrend, so I would continue to look for sells as long as the pair remains below the 1.2869 high noted on the chart.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.