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Waiting for the breakout on EURCHF

Long
Euro / Swiss Franc (FX:EURCHF)  
ThinkingAntsOk  
FX:EURCHF   Euro / Swiss Franc
Trend Analysis Support and Resistance Multiple Time Frame Analysis EURCHF chf EUR Forex fx
2
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trendanalysis supportandresistance mtfa eurchf chf eur forex fx
Daily Analysis of EURCHF

A) Here, we have a clear scenario of a broken trendline after the price reaching a major support zone on the weekly chart.

B) Now, we can see a corrective structure supported on the broken descending trendline.

C) Our current plan is waiting for a breakout of the corrective structure and trade towards the next support zone.
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