EURCHF Analysis – Week Of 27th Jan
EURCHF closed the week 0.21% higher and is now trading at a 3.22% gain for the month. Volatility has returned, with Fridays 113 pip range over 300% of the 60 day average.
A sustained move above the 1.2567 area would be a constructive technical development. 1.2500 is a key EURCHF area as can be seen on the W1 chart below: