Currency: EUR/CHF
Trend Expected Direction: UP
Method: Ichimoku, Technical Analysis
Description: EUR/CHF trading range has been very tight lately. The Swiss National Bank has been defending (and will continue to defend) its minimum exchange rate (1.20 level). Recently we see that the pair is being prepared for a big move and we may see it soon.
Recommendation: Long
Target Area: 1.2070
Stop-Loss: 1.1980
