Auf geht's
Tickmill

EURCHF approaching strong support, watch for a potential bounce!

Long
Euro / Schweizer Franken (FX:EURCHF)  
Tickmill Broker  
FX:EURCHF   Euro / Schweizer Franken
Trend Analysis Harmonic Patterns Chart Patterns EURCHF EUR chf eurchfshort eurchflong eurchfidea eurchfsell eurchfbreakout eurchfsignal
91
0
trendanalysis harmonicpatterns chartpattern eurchf eur chf eurchfshort eurchflong eurchfidea eurchfsell eurchfbreakout eurchfsignal

EURCHF is approaching strong support at 1.1521 (Elliott wave structure, Fibonacci extension) and what could happen is that it takes out the stop losses below our wave 3 with a wave 5 movement. This would then lead to a potential bounce up to 1.1639 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (55,5,3) is seeing major support above 4.2% where a corresponding bounce could occur.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.