EURCHF to break out of wedge and push up to resistance

Jul 12, 2020

EURCHF is about to break out of the wedge pattern, hit the first local resistance, retrace to the 0.382 fib level, and then rise up to the second resistance level. On top of this, currently EUR is much stronger than CHF making it more likely for the pair to rise.

Entry @ 1.06621
SL @ 1.06387
TP @ 1.06928

Jul 13, 2020

Trade closed: target reached

Take Profit Hit +31 pips