EUR/CHF LONG from .9724
EUR/CHF has found support from the 100 EMA on H1 (at the open last night) and is heading north.
The 25 and 50 EMA'son H1 are together and below the price and this will give strength to EUR/CHF BULLS.
The 15M Pivot Point Supertrend is BULLISH and the Andean Oscillator has seen the green BUY signal line cross the red SELL earlier this morning and the green BUY and the signal are locked together and rising as the red SELL line flat lines.
We have a STOP under the 100 EMA on H1 and a target of WR1 which is 62 pips above the currenct price.
There's no scheduled news due until we have the US CB Consumer Confidence at 14:00 so there's nothing to on the horizon that may send the EURO south so I expect to see the price rise steadily on this pair over the next 24 hours.
The 25 and 50 EMA'son H1 are together and below the price and this will give strength to EUR/CHF BULLS.
The 15M Pivot Point Supertrend is BULLISH and the Andean Oscillator has seen the green BUY signal line cross the red SELL earlier this morning and the green BUY and the signal are locked together and rising as the red SELL line flat lines.
We have a STOP under the 100 EMA on H1 and a target of WR1 which is 62 pips above the currenct price.
There's no scheduled news due until we have the US CB Consumer Confidence at 14:00 so there's nothing to on the horizon that may send the EURO south so I expect to see the price rise steadily on this pair over the next 24 hours.
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