Umar_Suh

EURCHF Long

Long
FX:EURCHF   Euro / Swiss Franc
EURCHF has been oversold, RSI is used just to confirm that this is correct. A W is forming on the 4hour and I put a temporary support like at that level, as I can see EURCHF has respected that level a few times. EURUSD is within my zone, so still waiting for this to become bullish and USDCHF is already rising. Gold has touched my trendline, however it bounced from my Support. Could gold see a further drop to help this pair? Maybe.
Currency strength meter is neutral and no news today.