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Apr 18, 2024 10:05 PM

EUR-CHF Will Grow! Buy! Long

EUR/CHFOANDA

Description


Hello,Traders!
EUR-CHF
has retested the
Strong horizontal support
Level of 0.9681 from where
We are already seeing a
Bullish rebound and
As we are bullish biased
We will be expecting
A further move up
Buy!
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Comments
ICmarkets
The support zone seems solid, as the price has rejected this level multiple times in the past before the breakout occurred. I suspect the price might be above the 50% Fibonacci retracement, which is a good sign of bullish momentum entering the market. It appears the price might also be above the Ichimoku Cloud, which indicates bullish momentum as well. Nice analysis. Let's see how this works out.
TopTradingSignals
What do you think?
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