Key Resistance Levels: 1.1119, 1.1164. 1.1185
Key Support Levels: 1.1057, 1.1010, 1.0914
EUR/CHF Price Long-Term: Bullish
On the daily time frame, the price is in a clear upward movement, and it managed to break all the daily resistances, and currently is trading above the 1.1057 mark.
EUR/CHF Medium-Term Trend: Bullish
On the 1-hr time frame, the pair is trading within a bullish channel formation where we expect a swing lower toward the bottom of this pattern. We have a confluence zone between the support trendline and the daily support @ 1.1057 mark.
Buy Limit @ 1.1057
TP 1 @ 1.1119
TP 2 @ 1.1164
Stop Loss @ 1.1026
Trade Safely 🙂