1. The pair is approaching critical daily trendline
2. There is an M formation on Daily, 4HR & 15'' time frame
3. Both crosspair support the direction of trading as EURUSD is trapped 1.14 range and USDCHF is currently oversold and approching critical resistance
4. Upward trend is covered by the 800 EMA at 1.1350
2. There is an M formation on Daily, 4HR & 15'' time frame
3. Both crosspair support the direction of trading as EURUSD is trapped 1.14 range and USDCHF is currently oversold and approching critical resistance
4. Upward trend is covered by the 800 EMA at 1.1350
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.