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Tuesday, July 18, 2017

EUR/CHF: Long Position Opportunity Below 1.10532

There is Long Position opportunity for EUR/CHF.

EUR/CHF has been moving bullish for the past 5 days and seems like it will continue its bullish trend heading to 1.10532.

Today we are expecting to exit the market at around 1.10532.

1.10368 will be pivot level for today. Shall EUR/CHF breaks above the level and enters the yellow zone, there is a huge opportunity for the pair to reach 1.10532 which is the Resistance Level for the moment.

However, shall EUR/CHF breaks below 1.1024 then bullish scenario will most probably canceled for today.