EURCHF – Just broke the range

Written by Raul Lopez on October 21, 2010. Posted in Trades & Analysis. 4 Comments

The EURCHF was trading near a LT level (in a short term range in between 1.3271 and 1.3465). A few hours ago, it broke through the ST resistance level triggering a bullish market condition:

As long as the EURCHF keeps trading above 1.3465 I will be looking for long opportunities (all short will be ignored).

The next LT level is at 1.3791

Trade Safe!

Raul Lopez
Forex Training

Tags: EURCHF Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .

Ismael

Es posible ver este comentario en espanol, Gracias
- Raul Lopez
  
  http://www.protradingnow.com/
  
  Raul
Smitak111

this is a classic example of a currency pair behaving well…it is moving in the right direction..as expected
thanks for the analysis…more trade set-ups like this will keep everyone smiling :)
have a good week-end..bye for now..regards Smi
- Raul Lopez
  
  I’m glad its useful
  
  Cheers,
  
  Raul

EURCHF – Just broke the range

Raul Lopez

ProTradingNow

Free Education

Other

Contact