EUR/CHF daily up channel
- EUR/CHF daily up channel
- Next sell target - 1.1450
EUR/CHF continues to fall after the recent breakout of the support trendline of the daily up channel from the end of May (which has enclosed the previous medium-term impulse wave (1)). The breakout of this up channel accelerated the active short-term impulse wave C of the medium-term ABC correction (2) from June. EUR/CHF is expected to fall further toward the next sell target at the next round support level 1.1450 (which reversed the price sharply in May).