Renforex

EURCHF - Waiting for direction

FX:EURCHF   Euro / Swiss Franc
We are waiting for a breakout in either direction on the EURCHF pair before taking a position.

A break above the current zone should see the bulls testing the recent high and then 1.15. Whereas a break below the current zone and the 50MA should see the pair drop to 1.135 and below.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.