Daily Forex News and Watchlist: EUR/CHF

Weak PMI reports did a number on the euro earlier today! How low can the common currency go against CHF before the bulls come back?

Sentiment is: Neutral

Technical Analysis

An emerging Head and Shoulders has been detected on EUR/CHF on the 30 Minutes chart. There is a possible move towards 0.9457 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

EUR/CHF approaching support of a Head and Shoulders

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