novvoll12
Long

EURCHF--2.5-month rising trend-line underpins further upside

FX:EURCHF   Euro / Swiss Franc
0 0 0
EURCHF             1.0943 bullish — 2.5-month rising trend-line underpins further upside


EURCHF             rallied to a new multi-month high at 1.1049 (September 7, 2015) before consolidating. While the 2.5-month rising trend-line underpins, watch for further resumed strength through 1.1049 to challenge 1.1095 (61.8% of the 1.2016/.9650 sharp fall in January 2015). Above there would firm for 1.1437 (76.4% of the 1.2016/.9650 sharp fall in January 2015). However, a deeper pullback to break below the 1.0826 area (September 7, 2015 weekly low) would caution bulls and risk further weakness towards 1.0711 (August 17, 2015 range low).
Outlook:
Intraday:neutral
Daily:bullish
Weekly: bullish
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out