Technical Setup: EURCHF is rejecting Asia high, aligning with the two-day anchored VWAP, which reinforces this level as a key area of interest.
Fundamental Outlook: Several factors support a bullish bias:
CO2 data, retail positioning, seasonality, GDP, and interest rates all indicate strength for EUR.
The combination of these factors suggests a continuation of the uptrend.
With both technical and fundamental confluence, this setup presents a strong case for a bullish move in EURCHF.
Fundamental Outlook: Several factors support a bullish bias:
CO2 data, retail positioning, seasonality, GDP, and interest rates all indicate strength for EUR.
The combination of these factors suggests a continuation of the uptrend.
With both technical and fundamental confluence, this setup presents a strong case for a bullish move in EURCHF.
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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.