EURCHF Faces Technical Ceiling as Geopolitics Bearish Momentum
EURCHF is testing a significant 60-minute structure, with the current zone having been tested multiple times.
From a technical standpoint, strong resistance is firmly in place.
Adding to this setup, news of a U.S. strike on Iran sparked geopolitical tension ahead of the market open.
This development could increase demand for safe havens like the Swiss franc.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURCHF is testing a significant 60-minute structure, with the current zone having been tested multiple times.
From a technical standpoint, strong resistance is firmly in place.
Adding to this setup, news of a U.S. strike on Iran sparked geopolitical tension ahead of the market open.
This development could increase demand for safe havens like the Swiss franc.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade closed: target reached
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.