Only a few trade opportunities, waiting for US data

Written by Raul Lopez on . Posted in Trades & Analysis.

The first Thursday of the month is always difficult to trade, because the next day the is the First Friday of the month! :) and you know the US unemployment report I due this day…

However, there about 5 currency pairs that I like today, the EURCHF is one of them:

It is trading in a very clear bearish condition and the next LT support level is at 1.2441, so we still have some room to get a good risk-reward ratio if we get a chance to short it.

Trade Safe!

Raul Lopez
Forex Training

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 .
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