First of all, it is clear that the EURCHF decline has not ended. At present, the expected increase is only a rebound, so you can only try to buy more orders with minimal risk, and you can increase your position by confirming the increase. The rebound target needs to be continuously updated, and there is great uncertainty
Because EURCHF cannot obtain enough historical data, the falling target can only be calculated roughly. The first target is 1.0470. The second target is a large period calculation with a relatively large interval of 0.9950-0.9350. The starting point of the decline is gradually analyzed in the follow-up of the subsequent market
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.