EURCHF on course to retrace 2015 SNB move The pair developed a bullish channel and in the event of a breakout of their greater side EURCHF could be projected near 1.20, a 100 percent retracement of the Swiss National Bank occasion of January 2015. The channel has a diameter of 230 pips hence below the lower side of this channel EURCHF is supposed to fall at least 230 pips.
Https://www.fxstreet.com/analysis/eu...e-201711150844 It's fallen below that channel. What do you guys think? 250 pip fall? image
EURCHF on course to retrace 2015 SNB move The pair developed a bullish channel and in the event of a breakout of their greater side EURCHF could be projected near 1.20, a 100 percent retracement of the Swiss National Bank occasion of January 2015. The channel has a diameter of 230 pips hence below the lower side of this channel EURCHF is supposed to fall at least 230 pips. Https://www.fxstreet.com/analysis/eu...e-201711150844 It's fallen below that channel. What do you guys think? 250 pip fall? image
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