The EURCHF is another cross trading at historical lows, some traders don’t feel comfortable trading them at historical lows/highs, but its not always about buying low to sell high, sometimes its about buy high to sell higher or vice versa.

If you want to feel safer wait for the EURCHF to break the short term support level around 1.2467 to start looking for short opportunities:

If I get my signal I’ll use a 3:1 RR ratio as we don’t have more LT support levels.

Trade Safe!

Raul Lopez
Forex Training