Strong Buying Opportunity for the EUR/CHF Soon

 

The EUR/CHF pair is moving in a strong sideways trend on the daily chart.

As we can see, the pair is currently correcting after the significant rise

of the previous wave, and this correction is expected to continue

to reach the new demand areas located at 0.9310

which are currently considered the best buying areas for the pair.

In the event of a decline to the specified demand areas, a rise is expected from them

to the targets specified on the chart at 0.9360 and 0.9420.

The analysis fails if the specified demand areas are broken and closed below them,

specifically, a close below the 0.92640 levels.