EUR/CHF’s retreat from 1.0915 highs finds support at the 100-DMA at 1.0610. Upside attempts remain capped below the 50-day MA at 1.0637. Below 1.0610 next support levels are 1.0575 and long-term lows at 1.0505. The euro is trading sideways on Friday, consolidating losses after a 2.5% sell-off in the last four weeks, that has sent the pair to test support at the 100-day moving average, now at 1.0610. The euro is attempting to pick up from session lows at 1.0618, but the move is lacking momentum amid a moderate risk-of sentiment and remains capped below the 50-day SMA, at 106.35. On the upside, the euro should extend gains above the mentioned 50-day MA, at 1.0637 to gain some bullish strength and attempt to extend towards 1.0700/10 (June 23, 30 highs) and then June 16 high at 1.0770. On the downside, the pair has found support at the 100-DMA at 1.0610. Below there, bears would gain confidence pushing the pair further south, aiming towards 1.0575 (May 20, 25 low) on the way to long-term lows at 1.0505 (May 14 low). EUR/CHF daily chart EUR/CHF key levels to watch FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson: Won’t hesitate to reimpose restrictions if virus runs out of control FX Street 3 years EUR/CHF’s retreat from 1.0915 highs finds support at the 100-DMA at 1.0610. Upside attempts remain capped below the 50-day MA at 1.0637. Below 1.0610 next support levels are 1.0575 and long-term lows at 1.0505. The euro is trading sideways on Friday, consolidating losses after a 2.5% sell-off in the last four weeks, that has sent the pair to test support at the 100-day moving average, now at 1.0610. The euro is attempting to pick up from session lows at 1.0618, but the move is lacking momentum amid a moderate risk-of sentiment and remains capped below the 50-day SMA, at 106.35.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
