EUR CHF - Daily. We feel the pair has broken out of Downtrend as lower highs has been broken. However, still it cant be said that the pair is in uptrend. Prices are reversing from the resistance zone. Will have to wait till the breakout above Resistance Zone for saying that the pair is in uptrend.
ALERT SIGNAL FOR POSITIONAL
TRADE ALERT SIGNAL
BUY ENTRY 1 -1.14284
BUY ENTRY 2 - 1.13958
TARGET 1 -1.14609
TARGET 2 - 1.14943
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HOW WEEKLEY WIT SIGNAL IS VALID
FOR DAILY INCOME TRADER(DIT)
1,IT IS VALID UPTO 24 HOURS,ONCE IT HITS THE...
The EUR/CHF pair is currently in a downtrend in 4-hour chart.
It is currently forming an inverted head and shoulder pattern and is taking support at 1.12443 price levels.
Hence we expect the pair to be bullish for short term.