EUR/CHF At The Strong Support

The EUR/CHF has had a big drop but it’s at an important support zone now. Buying the support might be a good option.

We have two distinctive points for a welly for buyers. Historical and present support are close together. 1.0732-1.0765 is the zone. This market is slow so it will take some time to kick in. Pay attention to all these M Pivots – monthly pivots at the chart because they are all potential TP levels. If the zone holds we will go up.

(Click on image to enlarge)


Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.