TradingView
FinancialGamblR
Jan 31, 2022 1:01 AM

Anticipating EURCHF Upside Breach For The Week Ahead Long

EUR/CHFOANDA

Description

This is a key pair that I'm watching for the week ahead. There are a few price action details that I've labelled accordingly.

1. Great reaction showing that price is unable to trade below 1.0366.

2. Price tested and experienced a weak selloff against the 1.03975 level.

3. Really strong bullish bar indicating that this selloff remains weak.

4. Price drift to the downside, which further gives us an upside bias.

Comment

Caught a good initial push, but momentum is at risk of dying down. If the following level breaches, reversal may be underway.

More