EURCHF pierces top of channel
EURCHF may have completed a 5 wave bullish sequence
Since June 2004, the EURCHF has ranged within the confines of an upward sloping channel. The recent 5 wave advance may be completed at 1.6015, thus opportunities exist to play a correction. Of course, breakout risk remains with price trading near the March 2004 of 1.5875.
Current Price: 1.5910
Key Levels:
