ForecastCity_ME

πŸ’‘ Don't miss the great sell opportunity in EURCHF

Short
FX:EURCHF   Euro / Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0797). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.

Take Profits:
TP1= @ 1.0745
TP2= @ 1.0710
TP3= @ 1.0665
TP4= @ 1.0600
TP5= @ 1.0505

SL: Break Above R2

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Comments

Super perfect analysis. πŸ‘
+2 Reply
ForecastCity_ME carefulOwl22772
@carefulOwl22772, Thank you for your comment. We appreciate it 🌹
+1 Reply
Good analysis, simple & clear.πŸ‘
Reply
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