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QuileHills
Jun 13, 2017 8:05 PM

GBPCHF Support Long

GBP/CHFOANDA

Description

It's still early in the week but GBPCHF has potential to form a bullish Doji if the pair remains calm for the rest of the week.

This support area has failed to break the 3 times it's been tested this year and is complimented by the support created in 2011 which was tested in October of 2016.

If the pair closes the week with a bullish Doji I'll enter long with a similar position as the one shown, targeting the 1.29 area.
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