EUR/CHF Potential Upward Movement

EUR/CHF Long-Term Trend: Bullish

Key Resistance Levels: 0.95616, 0.96025, 0.96412

Key Support Levels: 0.94907, 0.94582, 0.94163

Daily Chart:

The price on the higher time frame has recently been in an uptrend. It bounced back after testing a major support level of 0.93385 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 trendline around a support level and has sustained above that. As of now the pair has broken and retested a minor level of 0.94907 before continuing the momentum.

Signal Idea:

Buy Market Order @ 0.95218

TP @ 0.95547

Stop Loss @ 0.94888

Trade Safely 🙂