FX.co ★ EUR/CHF

Currently, the currency pair EUR/CHF continues to move within an ascending channel, indicating that buyers are still in control. After an attempt to hold below the level of 0.92145, the price bounced back and continued to rise. I expect that in the near future, the price of the currency pair will fluctuate around the range of 0.92260 to 0.92500. At the moment, the level of 0.92400 is the closest resistance; if the price manages to break above this level, it could be one of the first signals that a move towards 0.92600 is likely, although a pullback could also occur. It is important to note that the price is currently below this point, making a bullish movement the priority.