OANDA:EURCHF   Euro / Swiss Franc
I just thought I would post this since I don't know if I covered it in the weekly outlook video... Echf is looking like it is giving a buy setup to possibly at least test that 38% fib. That MA is the 200 on the "Daily". This is not a trade signal. Notice the circle to the left to understand how these consolidations can play out... If you need to, learn how to read price action and trade, otherwise disregard my analysis. I am not trading until midweek, but only if I feel in the mood. And this is not the best setup out there by far, but like I said, I think I forgot this one in the video. All these swiss pairs showing swiss weakness, and the swiss index looking corrective for at least a little move down. But please understand we are in smaller corrective structure within larger corrective structure on pretty much everything and these EU CFD rulings are gonna cause some money to move around. For a better understanding on trading these scenarios and reading price action watch my weekly outlook, or if you watch someone else's, please just make sure they understand what really moves the market. But Echf, probably another buy coming, but it may produce a sell setup. LOL. Just read the price action, could be a very nice buy but could be choppy. Similar concept to Gchf. Eur/Gbp should make at least one more push up "if" it is going to drop, but I am not interested in selling that until it changes its structure, I still see buy, but I feel like these pairs are being fairly obvious about what will happen. Watch out for Aud and NZD strength upcoming this summer, with NZD possibly taking the upper hand when you factor in the USD pairs. For a better understanding watch the video.

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