Trading Talks EUR/CHF May 25
When considering the euro franc in the medium term, I highlight the trend direction up. Under favorable conditions for the Euro, the trend may continue, MACD 1 hour signals a reversal (for corrective downward trend), as well as a weak divergence at 4 hours. Key level 1.032 will become a key point for further development of the trend to the level of 1.037.
In addition, the key support at 1.024 is trend support, which is a deterrent for a possible fall and break in the trend channel. This option should not be excluded and proper methods of protection against losses should be taken.