• Vasily Trader

EURCHF: Important Breakout & Bullish Continuation

Hey traders,

EURCHF is trading within a major falling parallel channel since March.

With yesterday's sudden spike, the price managed to break and close above its resistance on a daily.

Now the broken resistance of the channel turned into a strong support

giving us a potential safe buy point.

I believe the pair will keep growing at least to 1.097.