The EUR/CHF pair moved up sharply and broke several resistance areas.
The pair have been obviously overbought. A pullback has already been completed, so a correction to 0.97600 is expected.
RSI is showing 73 which is a sign of overbought. MACD is showing Bearish wave on going, MACD bars are turning light green

• There is resistance 0.98280 followed by resistance at 0.98326 and 0.98412.
• There is support at 0.98050, Below, there is 0.97930 and 0.97712.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

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