KaroWalker

EURCHF Analysis 7:48am EET 01/08/2023

FX:EURCHF   Euro / Swiss Franc
Looking at EURCHF this morning , noticed the fact that the previous day low or high wasn't taken yet , so taking into consideration the correlation between EURCHF and EURUSD , i came to the conclusion that the low is most probably to be taken first as this is what happend on EU. Currently the price formed 4 DOJIS on the H2 timeframe. On HTF the price performed a ChoCh reacting from an imbalance. Waiting to see what happens at London Session.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.