EUR/CHF: Defending 0.9640/0.9610 is essential for persistence in bounce – SocGen – FXStreet

EUR/CHF: Defending 0.9640/0.9610 is essential for persistence in bounce – SocGen – FXStreet


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EUR/CHF has staged a steady rebound after forming a significant low near 0.9410 in September. The pair could extend its bounce while holding above the 0.9640/10 region, economists at Société Générale report.“Tightening of 10-year BTP/ Bund spread to 189 bps, lowest since July, supports higher EUR/CHF.”“Daily MACD is anchored within a positive territory which denotes […]

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via Inferse.com https://www.inferse.com

November 23, 2022 at 12:06PM

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