EURCHF – Just broke the range

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:


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

  • 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