EURCHF is on its way to perform a downward move

22 june 2021 112
Load the latest quotes
Full screen

First, the pair is currently edging the upper boundary of a descending channel.

Second, being a haven currency, the Franc appreciates during periods of market uncertainty. This property is especially well-pronounced in its combination with the Euro since the chances of another debt crisis in the Eurozone is growing with every next month. 

New Popular
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!