Breakout and a test on EURCHF
While we are waiting on the major pairs, here we could have a very nice opportunity.
EURCHF is moving fairly slow and it doesn't make any big moves.
However, right now it looks like a decent entry opportunity.
We are currently on a Daily chart and we can clearly see the triangle from last year which has been completed.
This gives us a serious support in the zone below 1,09.
This support is already holding price and we also saw rejection during last week.
That gives us an opportunity to expect price going up to 1,1109 and in case of a breakout - 1,1260!
EURCHF is moving fairly slow and it doesn't make any big moves.
However, right now it looks like a decent entry opportunity.
We are currently on a Daily chart and we can clearly see the triangle from last year which has been completed.
This gives us a serious support in the zone below 1,09.
This support is already holding price and we also saw rejection during last week.
That gives us an opportunity to expect price going up to 1,1109 and in case of a breakout - 1,1260!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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