Get started
SigmaTrading

EURCHF Long Setup

Long
Euro / Swiss Franc (FX:EURCHF)  
SigmaTrading  
FX:EURCHF   Euro / Swiss Franc
Trend Analysis Fundamental Analysis Beyond Technical Analysis EURCHF EUR chf buy LONG SELL Forex signals signalservice
8
2
trendanalysis fundamental beyondta eurchf eur chf buy long sell forex signals signalservice
From a COT perspective the EUR is at record high long contract sizes and we can expect that price continues its bullish movement for a second top near 1.09000.

Right now price broke below the channel, but demand pressure is expected to kick in near 1.07450. Our TP level will be the upper trendline of the channel and the daily critical area at 1.08500.

Happy trading!
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.