EURCHF: Bulls are doing well, more upside actions to be seen!
The eight-hour chart of the EURCHF pair shows that the, prices have soared once again after short-lived consolidation.
Stable movements above moving averages 20&50 is a very positive technical catalyst that is supported by the bullishness appearing on RSI14 and ADX indicators.
The key resistance level resides at 1.0575- median line of pitchfork channel- and a break of which will trigger more buying interests, aiming to challenge the classical resistance of 1.0695.
Conversely, the significant support of 1.0435 should hold to protect the bullish overview.