ToniSignals

EUR/CHF Signal - CHF Trade Balance - 19 Aug 2021

Long
FX:EURCHF   Euro / Swiss Franc
EURCHF has bounced from the daily trendline prior to the CHF Trade Balance data, which shows the balance between Switzerland's Imports and exports. Technically the pair has broken the bearish structure after a bounce from the higher time frame trendline, and we anticipate continued upside into the 1.0791 level.