I don't think it will be going below 1.20 as SNB has set the floor to this level. We can set SL at 1.20 and enter buy order. It will be moving up this week and no down movement.
Thread: Eur/Chf
I don't think it will be going below 1.20 as SNB has set the floor to this level. We can set SL at 1.20 and enter buy order. It will be moving up this week and no down movement.
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zainm6050 (2019-03-18)
If a M15 close above 1.2100 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.1950sell only and do not buy. If price closes back above it again do nothing
The range 1.2100 and 1.1950 is neutral area, any trade done in between is personal decision and not part of this analysis
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zainm6050 (2019-03-18)
We are confuse about this pairs . Very bad situation to say anything about it.... Becase already touched 1.1015 today. So be-careful but hope this week will going up.
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zainm6050 (2019-03-18)
If a M15 close above 1.1300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.1150sell only and do not buy. If price closes back above it again do nothing
The range 1.1300 and 1.1150 is neutral area, any trade done in between is personal decision and not part of this analysis
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zainm6050 (2019-03-18)
I think price will rise to resistance 1.152 there is moving average simple 55 on daily and if price break it ,price will rise to resistance of 1.180 but if price break level 1.100 we will see further landing
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zainm6050 (2019-03-18)
The 1.10 area is just above, and we are very interested in selling at that area if we get negative candles. We do not buy this pair under any circumstances.
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zainm6050 (2019-03-18)
The EUR/CHF pair rose on Thursday as traders ran from the Franc due to a comment from SNB officials suggesting that a peg to the Euro might be a possible solution to the rapidly appreciating Franc.
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zainm6050 (2019-03-18)
Break of the 1.0800 level and the Fibonacci correction level 23.6 proves this point of view. This resulted in an upside movement to the resistance level 1.1400 where the Fibonacci level 38.2 is also located
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zainm6050 (2019-03-18)
Bears continue to press lower with focus now the 8 Aug high at 1.0994. Below can see losses extend to challenge 1.0930 next. Nearest resistance is at 1.1315/54. Above offers scope for stronger bounce to 1.1465.
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zainm6050 (2019-03-18)
look for an acceleration of gains back towards the 1.2500 area over the coming sessions with setbacks expected to be well supported above 1.1300 where a medium-term higher low is now sought out
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zainm6050 (2019-03-18)
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