Fundamentals: Yield Spread Differentials support a long in EURCHF
Technicals:
DAILY Engulfing candle at support weekly support Cloud break and conversion and baseline cross.
1hour: SEE related: Intraday Cup with Handle Pattern Clear uptrend intraday Price above 200 ema intraday hammer and morning star at support intraday pullback to 38% successful. Monthly Open Support next to the 39% level **negative, yet ignored: Daily and weekly MACD still negative. This is not important for this intraday trade.
Target: The Ukraine conflict-resolution failure price level = 1.04490
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