EUR/CHF currently trading at 5 year low price, but in 1 hour time frame it is not forming any conform pattern. The price is hovering in the support and resistance wedges without making any particular chart formation. Now it may touch it support level at 1.0533 and then reverse back.

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Rishikesh Lilawat

Rishikesh Lilawat
Rishikesh Lilawat

Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.