Analysis

EUR/CHF at the strong support

The EUR/CHF has had a big drop but its at an important support zone now. Buying the support might be a good option.

We have two distinctive points for a velly for buyers. Historical and present support are close together. 1.0732-1.0765 is the zone. This market is slow so it will take some time to kick in. Pay attention to all these M Pivots - monthly pivots at the chart because they are all potential TP levels. If the zone holds we will go up.

The analysis has been done with the CAMMACD.Core System.

For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.