EURCHF - Daily - Aiming for that box.
It tested the steep trend line from underneath. Now it's time to check out that lower one as well and see if that's going to be a good support.
This is aiming to be a good SELL if it closes below 1.15450, which then could lead to a test of that box.
But that's only if we'll see some more strength in the Franc, because it looks like that the Euro doesn't want to do that Head and Shoulders that everyone is talking about. At least, that's how it seems after Thursday's trading.
There's not much to say here, apart from keep an eye on the price action!
This is aiming to be a good SELL if it closes below 1.15450, which then could lead to a test of that box.
But that's only if we'll see some more strength in the Franc, because it looks like that the Euro doesn't want to do that Head and Shoulders that everyone is talking about. At least, that's how it seems after Thursday's trading.
There's not much to say here, apart from keep an eye on the price action!
Comment:
Was very wrong on this one.