EURCHF | LONG ABOVE BREAKOUT
EURCHF is trading under the falling resistance . Currently price is trading near the falling resistance. The price is also holding a key support zone. The bullish candles formation on support shows price action get stable after a bearish trend.
We are expecting a breakout above falling resistance and bulls may target 0.23 and 0.38 fib levels.
The bulls need to break and price should sustain above horizontal resistance. While rejection from trend resistance will favors bears.
Trade your levels accordingly.
We are expecting a breakout above falling resistance and bulls may target 0.23 and 0.38 fib levels.
The bulls need to break and price should sustain above horizontal resistance. While rejection from trend resistance will favors bears.
Trade your levels accordingly.
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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.
Related publications
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.