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davidporcel

EURCHF LONG, bullish divergence

Long
Euro / Swiss Franc (FX:EURCHF)  
davidporcel  
FX:EURCHF   Euro / Swiss Franc
Oscillators Support and Resistance Bullish Divergence rsi_divergence macdivergence
2
0
oscillator supportandresistance bullishdivergence rsi_divergence macdivergence
EURCHF

Strong bullish divergence on the 4H chart, price is bouncing from a previous area of support, expecting further upside if it breaks the area of resistance around 1.1240 and 1.1250, if it breaks below local support around 1.12 will expect a retest of the previous swing low (1.1160 - 1.1170).
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