EURCHF has been rallying to the upside over the course of previous 2+ weeks, following strong Euro and relatively weak Swiss Franc. In such circumstances, it is reasonable to expect a test of the area around previously established highs (from previous Friday).
Many economic stats for Eurozone is going to be released during the next week. Euro is, possibly, still in play, but EURCHF looks stronger. I consider bying breakouts of most recent highs for EURCHF, having a strong directional bias to the upside.
Many economic stats for Eurozone is going to be released during the next week. Euro is, possibly, still in play, but EURCHF looks stronger. I consider bying breakouts of most recent highs for EURCHF, having a strong directional bias to the upside.
Nota
Price comes close to the suggested target area. There might be modest update to the upside, but risks of rebound are getting higher as price action develops. My long trade for EURCHF is closed.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.