EURCHF LONG - Daily - Above Cloud and Bouncing off Support
EURCHF has broken through the cloud on the daily and seems to be bouncing around a resistance that has now turned support. Tenkan Sen also leads higher and lagging span trades higher than price.
Look to enter a low volume LONG position to see how trade develops and increase position sizing upon further trend confirmation.
Long term take profit level of 1.11881 which is previous strong support.
Look to enter a low volume LONG position to see how trade develops and increase position sizing upon further trend confirmation.
Long term take profit level of 1.11881 which is previous strong support.