EURCHF - Intraday - We look to Sell at 1.1048 (stop at 1.1073)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1.1115.
A break of bespoke support at 1.1050, and the move lower is already underway.
We look for losses to be extended today.
Short term oscillators have turned negative.
Our profit targets will be 1.0981 and 1.0955
Resistance: 1.1070 / 1.1100 / 1.1120
Support: 1.1050 / 1.1030 / 1.1000
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1.1115.
A break of bespoke support at 1.1050, and the move lower is already underway.
We look for losses to be extended today.
Short term oscillators have turned negative.
Our profit targets will be 1.0981 and 1.0955
Resistance: 1.1070 / 1.1100 / 1.1120
Support: 1.1050 / 1.1030 / 1.1000
Trade closed manually:
Closed with 40 pip profit at expiry
