Trade of the Day EURCHF

EURCHF is testing the important support confluence

 

EURCHF is testing an important uptrend support confluence 1.0850-1.0900 zone. A bounce from here is required for the upside continuation and a test of 1.0950. For the uptrend reversal, we need to see a break below 1.0879. The pair has completely reversed the recent long-term uptrend and is preparing for another swing higher.

Note: look for the long trade entry with the stop loss below 1.0850

 

EURCHF daily price action trading strategy

 

 

 

 

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