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John Wang
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Forex
April 27 21:00

Credit Suisse: EUR/CHF has undergone a sharp reversal

EUR/CHF reversal is still considered as simply corrective.
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Analysts of Credit Suisse have upgraded the short-term bias. The development follows the growth of EUR/CHF.
On April 24 EUR/CHF has undergone a sharp reversal. The early trading on April 27 is seeing the same dynamic, following the growth of daily MACD. The experts claim, that it suggests a bigger near-term correction going up.
The analysts reported a significant resistance at 1.0560/68 and at 1.0582/87. The estimates include the average figures of the last 55 days.