Another update from your truely.
EURCHF
Bullish
Min: 1.226
Max: 1.23160
Target: 1.2360

Comment:
Difficult pair to forecast but here it is:
I see a range between 1.19251 and 1.249 it is a bottom set in by officials.
I see higher lows forming. Means momentum growing. Although its still in the range cause of scared ppl. (haha!)
Last week closed bullish, although below 200MA I believe there is still momentum upwards.
Reason: it hasn't hit 50 or 61.8 retracement yet from last move down.
There also is confluence cause of intersection of 200MA and 800MA and 50% fib.
That is defined target at 1.236

There is further room upwards but you can see that in my Image (not for this week)

Image daily:


Image weekly:

Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –