Here, I am going to take a look on weekly and daily charts of Euro Swissy $EURCHF. In a quiet natural way, this cross is a ratio of two pairs: $EURUSD and $USDCHF. In weekly time frame, the pair $EURCHF shows a strong positive correlation to $USDCHF which is currently turning up. We expect the latter to rally for next months to years to end correction up of a cycle lower of higher degree. In this rally to come, Euro Swissy is lagging as 1) it needs to accomplish its own pattern and 2) $EURUSD on the weekly favors a bit more downside before turning up.


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