Let's delve into the EURCHF currency pair together in the daily timeframe 🕵️♂️💼
We've been present in a long-term channel on the daily timeframe, oscillating until recently when we broke and lost this channel 📉❌
Following the break of this channel's ceiling, a bullish trend has commenced, reaching the weekly resistance at 0.96837, indicating a critical zone 🚀💪
In the event of breaking this resistance and continuing the upward trend on lower timeframes, reaching the targets of 0.97635 and 0.98643 in the long term is plausible 🎯💰
Moreover, in case of correction and retracement to the lost support and current support at 0.96243, we might anticipate a reaction and continue the upward trend 📉⬆️
In the long term, steering clear of news and events and solely focusing on chart analysis will be our strategy for expecting the upward trend 🚀📊
Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.💼 ⚠️
We've been present in a long-term channel on the daily timeframe, oscillating until recently when we broke and lost this channel 📉❌
Following the break of this channel's ceiling, a bullish trend has commenced, reaching the weekly resistance at 0.96837, indicating a critical zone 🚀💪
In the event of breaking this resistance and continuing the upward trend on lower timeframes, reaching the targets of 0.97635 and 0.98643 in the long term is plausible 🎯💰
Moreover, in case of correction and retracement to the lost support and current support at 0.96243, we might anticipate a reaction and continue the upward trend 📉⬆️
In the long term, steering clear of news and events and solely focusing on chart analysis will be our strategy for expecting the upward trend 🚀📊
Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.💼 ⚠️