Euro / Swiss FrancShort
EURCHF Sell a range resistance.
EURCHF - Intraday - We look to Sell at 1.0327 (stop at 1.0351)
Daily signals are mildly bearish.
Price action continued to range between key support & resistance (1.0250 - 1.0330) although we expect a break of this range soon.
The bias is to break to the downside.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0330, resulting in improved risk/reward.
Our profit targets will be 1.0271 and 1.0261
Resistance: 1.0280 / 1.0300 / 1.0330
Support: 1.0260 / 1.0250 / 1.0230
Daily signals are mildly bearish.
Price action continued to range between key support & resistance (1.0250 - 1.0330) although we expect a break of this range soon.
The bias is to break to the downside.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0330, resulting in improved risk/reward.
Our profit targets will be 1.0271 and 1.0261
Resistance: 1.0280 / 1.0300 / 1.0330
Support: 1.0260 / 1.0250 / 1.0230
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