On A Way To New Daily Highs EURCHF

10 thg 5, 2016

Yesterday’s buy signal on EURCHF is running good at the moment. The pair is in quite upside trend now. I first gave it a try last week when it broke the bullish flag upper wedge. D1 charts 1.1038-1.1047 is strong support so we’ve bought again at the retest. I am working only with price action here, no other supporting tools. Franc is losing ground against all of the major counterparts so I am expecting new highs soon. Once hit the correction should start towards 1.09+

Stay tuned for more updates!

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