Thread: Eur/Chf
just be aware with pullback to bearish. I can say this because now, price on move so near that supply zone at 1.2195. On my see as long as the buyer can not up again more that supply zone 1.2195 .search for sell OP is better after we have a nice supported bearish candle then here.
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Rise in the EUR/CHF to it,s highest level today at 1.2175 following the release of Swiss consumer prices
Finally succeeded in overcoming the resistance 1.2100 after Mario Draghi remarks Governor of the European central bank on Thursday to continue the bullish
wave today
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EURCHF on look more to be bulls again. that candle price here was can break up to that 161.8 fib at price 1.2131. With that condition. I see, this can be a new trigger for bulls continuation and good to search the best position for buy OP then. Just it.
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Today(11-1-13 ) pivot point are-
Resistance 3- 1.2195
Resistance 2- 1.2163
Resistance 1- 1.2147
Pivot point- 1.2115
Support 1- 1.2099
Support 2- 1.2067
Support 3- 1.2051
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this pair on still sideways price move. Look, on this 4H TF price candle move so slow near that pivot line 1.2088. No nice candle that can be play here now, so wait and see is still better idea to take,
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Today(10-1-13 ) pivot point are-
Resistance 3- 1.2099
Resistance 2- 1.2095
Resistance 1- 1.2092
Pivot point- 1.2088
Support 1- 1.2085
Support 2- 1.2081
Support 3- 1.2078
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short positions at 1.2100 with 1.2070 and 1.2040 as next targets
the breakout of 1.2130 will call fro arebound towards 1.2170
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Today(9-1-13 ) pivot point are-
Resistance 3- 1.2102
Resistance 2- 1.2097
Resistance 1- 1.2092
Pivot point- 1.2087
Support 1- 1.2082
Support 2- 1.2077
Support 3- 1.2072
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EURCHF is sideways but with more to bulls (although with weak bulls move). On my simple look .this pair still can more up bulls and good to take buy OP with small lot if then 38.2 fib at 1.2092 was can be break up by strong buyer then.
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short positins at 1.2100 with 1.2070 and 1.2040 as next targets
the breakout of 1.2130 will call fro arebound towards 1.2160
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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