Short term (Intraday)
Now at 1.6595. EUR/CHF broke 1,6575 resistance. EUR/CHF is in an uptrend supported by daily chart's indicators. The volatility is high. 72EMA 1H, 4H are in a bullish configuration. 1H, 4H, dailies Stochastic indicate a bullish pressure on EUR/CHF.
The uptrend should continue to gather momentum. Wait for a minor retrace on 1h chart before entering a long hedge. Use True North Hedge Calculator to determine the number of lots to buy on EUR/USD and USD/CHF pairs,
EUR/CHF 12.11 Analysis
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