Euro / Swiss Franc
Updated

EURCHF - 240 - CHF looks slightly better

63
Quick idea.

EURCHF is testing its key support area. If we see a close at least of a 4-hour candle, then this could lead the pair lower towards its medium-term upside support line. In order to get comfortable with the upside, we need a break back above the 200 EMA.

Please see the chart for details.

Don't forget your stop-loss.
Note
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.
Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.