EUR-CHF and upcoming near-term forecasts

Euro-franc at the basic level

The euro franc fluctuated between ups and downs, as the euro rose at the beginning of trading today after news of the conclusion of a framework trade agreement between the United States and the European Union, the latest in a series of agreements to avoid a global trade war, while the spotlight this week is on the meetings of major central banks, in light of the scarcity of economic data from Switzerland this week.

Euro-franc on a technical level

The pair is trying to complete the bat harmonic model on the four-hour frame, and it is preferable to buy after the pair breaks through the levels of the downward trend shown and then we target 0.9410 to complete the harmonic model.

This scenario fails to return again to the lows of 0.9315.