Technical analysis of EURUSD
USD/CHF: 'V-Bottom' pushing price higher
Information is not investment advice
There's a 'V-Bottom' pattern, which has been confirmed, so the market is rising. The main intraday target is the nearest resistance at 0.9962 - 0.9980. If a pullback from this area happens next, bears are likely going to reach another support at 0.9904 - 0.9893, which could be a starting point for a larger bullish correction.
When looking for pairs to trade to benefit from today’s meeting of the European Central Bank, pay attention to EUR/NZD
CHF/JPY formed a “bullish engulfing” pattern on the W1.