adam87

EURCHF looking for a push back to top of support

Long
FX:EURCHF   Euro / Swiss Franc
59 views
4
EURCHF got a ranging downtrend, hit the support with also a little support showing at the bottom consolidating around the 1.08200 mark also showing 4 touches on the support with 3 failed breakouts meaning the sellers are failing the push price lower.

placed a nice sl just below the lowest breakout with tp at the 1.09334 price where we have seen price bounce off and become and support so could see it hold a become a resistance also for price to continue in its ranging downtrend.

only personal idea so please do own research. happy trading!!!

Comments