MonsunAsia

EURCHF - Bullish Bias

Long
MonsunAsia Updated   
FX:EURCHF   Euro / Swiss Franc
EURO - Weak Bullish
1️⃣ Sentix Investor Confidence showed an increase of 1.4 to 18.3 in November, compared to market expectations of 15.5.
2️⃣ ZEW Economic Sentiment for the Eurozone rose to 25.9 in November, from 21.0 in the previous month.

CHF - Strong Bearish
1️⃣ Investors are seen to be cautious when the value of EUR/CHF is under SNB monitoring.

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Technical
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The EURCHF has broken above the resistance levels and retested.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.

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Trade closed: stop reached:
❌ TRADE HAS HIT SL

-50 PIPS

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