EURCHF technical analysis in 45 minutes: 2023-01-29

Fibonacci tools are technical indicators that show the important resistance and support levels with some lines. these tools include the retracements, arcs, fans and time zones.

There is not much economic data released in next week’s calendar, but the main ones that have made traders curious are the possible continuation of the interest rate cut process by the BoJ and the meeting of the members of the Central Bank of Canada.

The unemployment rate measures the percentage of the total labor force that was unemployed and actively looking for work in the past month. A higher-than-expected number should be considered negative/bearish for the dollar, while a lower-than-expected number