Jal121

EUR/CHF - Forecasted resistance at key level

Long
OANDA:EURCHF   Euro / Swiss Franc
Bulls have grabbed a firm hold of this market as we approach long term targets at the top of our previous structure to complete the reversal.

We marked potential key levels on our bullish ascent. Price has found resistance at one of these levels. This level was a key level in previous structure - therefore we can expect price to respect this level on the reversal - at least initially.

Keep an eye on this pair for the rest of the week - long term targets top of structure.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out