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EUR/CHF Potential Upward Movement

EUR/CHF Long-Term Trend: Bullish

Key Resistance Levels: 0.94085, 0.94583, 0.94961

Key Support Levels: 0.93516, 0.93128, 0.92751

Daily Chart:

The price on the higher time frame has recently tested a major support area of 0.9330 and bounced back after grabbing buy-side liquidity. The pair has shown signs of bullish 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 trendline after testing the support area of 0.93516 Price is expected to retest the demand zone before continuing the momentum.

Signal Idea:

Buy Limit Order @ 0.93734

TP @ 0.94028

Stop Loss @ 0.93441

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.

One comment

  1. Wow so nice, I would love it if you could provide signals every day

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