EURCHF is facing bullish pressure, potential for further upside!

Price is facing bullish pressure as it continues to hold above both the ascending trendline support and Ichimoku cloud, in line with our bullish bias. We could potentially see a bounce and a further rise above the ascending trendline support towards our 1st resistance at 1.08462, in line with our horizontal swing high resistance and 61.8% Fibonacci extension.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.