EUR/CHF has done quite some retracement from the lows below 1.05 in spring. Now, struggling just below important 1.09 mark. A break of latter would open path to at least 1.1020 or 1.1160, but I would doubt this, considering the tweezer top of the past two weeks.
Shorting the pair with a stop above 1.0910, short-term target in the low 1.06s appears to make sense.
Ah, right, and the RSI doesn't happen to be in bull market territory as well. Sell.
Shorting the pair with a stop above 1.0910, short-term target in the low 1.06s appears to make sense.
Ah, right, and the RSI doesn't happen to be in bull market territory as well. Sell.
Not
EUR/CHF moved up against my expectation. Interesting to note how the RSI struggles to even come close to 70 (sign of bear market). I think we'll see 1.08 again sooner than some think (sentiment also very CHF-negative).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.