Market Instrument: EURCHF
Timeframe: Daily
Analysis: Technical
Structure: Support and Trend line Breakout
Prediction: Bullish
EURCHF has reached a very important level where monthly and weekly supports are held. On the daily timeframe, we can see a trend breakout and a pullback before the next lift-off. The expected target on the future bull trend is close or above 38% on the Fibonacci retracement.
Timeframe: Daily
Analysis: Technical
Structure: Support and Trend line Breakout
Prediction: Bullish
EURCHF has reached a very important level where monthly and weekly supports are held. On the daily timeframe, we can see a trend breakout and a pullback before the next lift-off. The expected target on the future bull trend is close or above 38% on the Fibonacci retracement.