No breakout for EUR/CHF just yet ...Middle East

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No breakout for EUR/CHF just yet

When Russia invaded Ukraine in February 2022, the pair was trading around 1.0600. That saw a major drag on the pair towards 0.9400 by September 2022, among other factors of course; not least with the SNB also hiking rates at the time.

But at least for now though, as we await that potential development, there's still no real breakout for the pair just yet. However, as mentioned above, it perhaps is one worth keeping an eye out for.

    This article was written by Justin Low at www.forexlive.com.

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