jevanss25

EURCHF Looking for Long - WAIT

Long
FX:EURCHF   Euro / Franc Suisse
So,

EURO has been on the rise (rightfully so post stimulus) - CHF has been weak against multiple pairs.

Euro rallied hard against CHF and has just had a retracement to a fib line, and rejected further downward price movement

It not an automatic buy just yet - lets wait for the market to open and watch momentum indicators - but looking for the upward trend if it will show itself!

While we are waiting for entries suggested TP;

TP1 1.07940
TP2 1.0798
TP3 1.0825
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