Nkwụghachi EUR/CHF, Mgbalị ịnwale Ọkwa 1.0870

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Nzọụkwụ Nguzogide Key: 1.0800, 1.0900, 1.1000
Ihe Nkwa Nkwado Isi: 1.0600, 1.0500, 1.0400

EUR / CHF Ahịa Ogologo Oge: anggba
EUR/CHF is still fluctuating between levels of 1.0720 and 1.0850. The pair fell sharply to the lower price level after testing level 1.0850. Since July, the key levels of the market are yet to be broken. The pair has resumed a fresh uptrend.

Daily Chart Indicators Reading:
Otu ụzọ dị n'ogo 56 nke Relative Strength Index oge 14. Ọ na-egosi na ahịa dị na mpaghara uptrend na n'elu centerline 50. 50bọchị 21 nke SMA na XNUMX-ụbọchị SMA na-agbada na ntanetị. Ọ na-egosi ụdị akụkụ dị n'akụkụ.

EUR / CHF Mdị oge ọkara: Bullish
On the 4-hour chart, the pair has resumed the uptrend. The price has been facing resistance at level 1.0840. A break above the resistance will mean a further rise of the currency pair. A retraced candle body tested the 38.2% Fibonacci retracement level. This implies that the pair will reach a high of 2.618 Fibonacci extension level.

Ihe ngosi Chart nke oge 4 Readinggụ ihe
The 50-day and 21-day SMAs are sloping sideways indicating the previous trend. The pair is below the 20% range of the daily stochastic. It indicates that the market is in a bullish momentum.

General Outlook maka EUR / CHF
EUR/CHF is in a sideways move. The pair has not resumed a full upward move. The upward move has been restricted below level 1.08700. The pair has resumed a fresh uptrend. Perhaps, it will break level 1.08700 and continue the up trending.



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