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FX.co ★ EUR/CHF "Head and Shoulders" , August 26, 2011 (Weekly Strategy)

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Forex Analysis:::2011-08-26T14:56:19

EUR/CHF "Head and Shoulders" , August 26, 2011 (Weekly Strategy)

EUR/CHF "Head and Shoulders" , August 26, 2011 (Weekly Strategy)

EUR/CHF

The assessment is that the The euro – Swiss franc pair is "taking a breather" just before it continues its movement upwards with the start of a new wave.

In the long term, the pair will continue their upward sequence by what we see in figure technique, is forming a reversal pattern, shoulder head shoulder inverted, for which we have a probability to make a price correction, then strongly up to the levels of 1.2500 dollars per Swiss franc.

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