FX:EURCHF   Euro / Swiss Franc
EURCHF long (again)! This pair is in a long term uptrend but has recently been sideways ranging in it's channel which has held up for around a month now.

We see that this pair is oversold according to indicators, and is approaching a nice support level within this channel. There is a slight bias to the long trade compared to the short due to the long term trend being bullish, however it is a nice channel all in all!

Follow for more.

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.