EUR/CHF Potential Upward Movement

EUR/CHF Long-Term Trend: Bullish

Key Resistance Levels: 0.95323, 0.95719, 0.96308

Key Support Levels: 0.94295, 0.93628, 0.93136

Daily Chart:

The price on the higher time frame has been in an uptrend recently after it tested a support level of 0.92662 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation.

EUR/CHF Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 0.93136 and 0.93628 and has sustained above that. As of now a minor level of 0.94295 has been broken and retested before continuing the momentum.

Signal Idea:

Buy Limit Order @ 0.94694

TP @ 0.95654

Stop Loss @ 0.94214

Trade Safely 🙂