EURCHF: Time For Correction?! 🇪🇺🇺🇸

Long

Euro / Franco svizzero (OANDA:EURCHF)

OANDA:EURCHF Euro / Franco svizzero

waveanalysis rectangle parallelchannel eurchf swing swingsignals swingtrader swingtrading swinganalysis swingtrade containsimage

After a strong bearish impulse, EURCHF was consolidating for 2 weeks
within a narrow range on a daily.

Yesterday's CPI report triggered a bullish reaction on the pair.
It managed to violate the upper boundary of the range.

I think that the market may start a correctional movement now.
Closest resistance - 0.94

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EURCHF: Time For Correction?! 🇪🇺🇺🇸

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