EUR/CHF Potential Upward Movement

EUR/CHF Long-Term Trend: Bullish

Key Resistance Levels: 0.96313, 0.96608, 0.97158

Key Support Levels: 0.95641, 0.95215, 0.94398

Daily Chart:

The price on the higher time frame has recently been in an uptrend after it tested a support level of 0.93650 and bounced back. The pair has broken another resistance level with good momentum 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 trendline to confirm the short term trend. As of now the pair has broken and retested a minor level of 0.95641 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 0.95956

TP @ 0.96290

Stop Loss @ 0.95621

Trade Safely 🙂