Potential Trend Reversal on EURCHF
Looking at EurChf, we could be seeing a potential buy setup form. Price is having trouble breaking the weekly significant level after multiple attempts to wipe it out. A weekly non-horizontal support level is also identified for confluence that a bullish push may be in sight.
If price could manage to break the daily resistance level and pullback with a retest as support, I would wait for some bullish confirmation before placing a buy entry. I'll wait to see if this ends up playing out.
If price could manage to break the daily resistance level and pullback with a retest as support, I would wait for some bullish confirmation before placing a buy entry. I'll wait to see if this ends up playing out.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.