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Eurchfanalysis

EUR/CHFJust as we saw against the US dollar, the euro rallied quite significantly. However, the main difference is that we closed the week out at the absolute highs, and at this point it looks like this pair is going to continue to go much higher over the longer term. We are at extreme lows, so I think it does make a certain amount of sense that we will try to get back to the top of the range. That being said, I would also point out the fact that the Swiss National Bank has absolutely no issue whatsoever with the Swiss franc losing strength; in fact they probably welcome it.
Long
by SmoothJB
EURCHF 4HR PRICE-ACTION LONG! Two zones have setup Long Entry opportunities: 1st zone: 1.03921 | 1.04204 | 1.04191 zone for targets 1.04748 | 1.05554 | 1.06262 2nd Zone: 1.02934 | 1.02399 zone for targets 1.03966 and potentially 1.05554 | 1.06262. Both zones are inline with Major Monthly Price Levels. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Long
by legacyliked
Wait for a buy signal with EURCHFH4 time frame. Structure: The downtrend ended when the price broke the Key Level at 1.04600. Currently, the price is moving to retest and there is a possibility of forming a bullish pattern here. Wait for the bullish pattern to appear, then you can look for buying opportunities. Profit target is 1.05600 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
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