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The pair EUR / CHF continued to be adjusted to the previous downward momentum, but an occasion to change the downward movement is not observed, so on Tuesday I plan to continue to look for points to open short positions or on the breakdown level of 1.2143, or from resistance levels 1.2171 and 1.2202
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so far this week, that theme has went nowhere very fast, and we now have three days of resistance at this level on the chart. This can open the door for reversal strategies, looking at stops above the high and initial targets around the 126.00 level.
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Urchf
support level and resistant level
s3: 1.1319
s2: 1.1367
s1: 1.1389
pp: 1.1414
r1: 1.1436
r2: 1.1462
r3: 1.151
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EUR/CHF.
EUR/CHF is Strong Sell according to four-hour chart. RSI(14)'s value is (31.826), STOCH(9,6)'s value is (33.913) and STOCHRSI(14)'s value is (9.554).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.14
Support 1: 1.1371
Support 2: 1.1344
Support 3: 1.1315
Resistance 1: 1.1427
Resistance 2: 1.1456
Resistance 3: 1.1482
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Adding to this, the appearance of the death-cross on the 1-hourly chart, wherein 50-hour SMA has crossed below the 200-hour SMA, indicates the potential for another leg of a downfall in the near-term.
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"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of EUR/CHF. :)))
EUR/CHF is Strong Sell according to four-hour chart. RSI(14)'s value is (42.822), STOCH(9,6)'s value is (47.126) and STOCHRSI(14)'s value is (27.184).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.1386
Support 1: 1.1372
Support 2: 1.1365
Support 3: 1.1351
Resistance 1: 1.1393
Resistance 2: 1.1407
Resistance 3: 1.1414
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"
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Current rise seems to have limited potential between 1.2012 and 1.2013. A correction to the area of 1.2011 - 1.2010 is expected. Moreover, if the area is 1.2010, the upward trend should continue. We must cross the zone of 1.2009 out of this bullish structure.
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Thread is Eur /Chf
Todays my technical analysis of EUR /chf
Pivot Point: 1.1390
Support 1: 1.1377
Support 2: 1.1370
Support 3: 1.1355
Resistance 1: 1.1390
Resistance 2: 1.1408
Resistance 3: 1.1410
Its my opinion that day.
You trade at your own risk.
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EUR / CHF pair still continue to walk in the transverse direction and in the past few days has become significantly weak movement and the problem that we do not know how long this situation will continue
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my predict price will falling today. If you choose SELL position, then put a take profit at 1.1294 and stop loss at 1.1378
please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday.