the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1.2300 , and that's mean the up trend is still standing and the pair might head to 1.2360 and then 1.2390
Printable View
the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1.2300 , and that's mean the up trend is still standing and the pair might head to 1.2360 and then 1.2390
EURCHF was expected bullish yesterday. The bias remains bullish targeting 1.2120 resistance area. Not much pressure is expected on the downside unless there is choppy fundamental trading, but over all we look upwards.
the pair and as we can see from the chart is trading now above the level of 1.2300 , and that's will lead the pair to reach 1.2270 and then 1.2240 just if the pair succeeded in breaking the level of 1.2300
as what i can see in the hourly sgart i think that the pair want to enterr in bearish so the key level is the risistance at 1.24122
the chart is showing that the pair has closed it's daily candle under the level of 1.2400 , and that's mean that the down trend is still standing and the pair might reach 1.2340 and then 1.2300
If a M15 close above 1.2400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.2210 sell only and do not buy. If price closes back above it again do nothing
The range 1.2300 and 1.2210 is neutral area, any trade done in between is personal decision and not part of this analysis
Candle is above Moving Average period 20 in 30 Minutes chart so I think it’s still standing for Uptrend. First target must be at 1.2375 and second target at 1.2385 for next time. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Happy green pips…
The EUR / CHF continues to evolve as the resistance located at 1.24
All indicators are bullish.
We continue to advise to trade only long positions as the course will be located above 1.22.
A break of 1.24 will upward followed by a new buy signal for an extension of the upward movement in the direction of 1.25 or higher if this level is broken up.
In case of return of over 1.22 as we wait then break out to advise of 1.20 to enter / not treat more than short positions on gender.
I think this pair still standing upward direction .
So i think EUR/CHF will rise at resistance and buy is good to trade.
So close sell or order buy is good decision . Thanks