EURCHF Confirms its Downtrend



The parity failed to maintain its permanence above the 100-period exponential moving average in its attempts in favor of the euro. However, it is seen that the parity, which confirmed the downward trend, started to decline again. The 0.9750 support below continues to be under close follow-up. With the consolidation that will be created by the end of this place, sales can accelerate up to 0.9620 support behind 0.9685. On the other hand, the 0.9870 – 0.9930 line above will continue to be a strong resistance zone.