EUR/CHF Long-Term Trend: Bullish
Key Resistance Levels: 1.1118, 1.1162, 1.1183
Key Support Levels: 1.1009, 1.0977, 1.0917
The price on the daily time frame is forming a bullish flag formation, and it was rejected by the lower end of this pattern where the price found buyers which led to a move upward.
EUR/CHF Medium-Term Trend: Bullish
On the 4-hr time frame, the price is facing a strong resistance around the 1.1035 USD mark. The pair most probably will break this level and retrace to it before moving all the way up toward the 1.1118 USD mark.
Buy Stop Order @ 1.1039
TP 1 @ 1.1113
TP 2 @ 1.1162
Stop Loss @ 1.1001
Trade Safely 🙂