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ForecastCity
Jun 12, 2019 5:07 PM

Don't miss the great buy opportunity in EURCHF Long

Euro Fx/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1205). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCHF is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.

Take Profits:
TP1= @ 1.1310
TP2= @ 1.1365
TP3= @ 1.1485

SL= @ 1.1120
Comments
Glendoonie
I have my TPs lower than yours and I am in the trade already, but my SL is much like yours.
ForecastCity
@Glendooie, we wish you bests.
fxniki
Thanks for publishing such a great buy opportunity in EURCHF.
ForecastCity
@fxniki, You're welcome.
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