EURCHF – Sideway market Breakdown Support, Downtrend may continue to next support 1.065124

EURCHF Trade setup for 04 September 2019

Trade market is risk-able. This market commentary is my own trading view. Before applying my trading strategy please see the Risk Disclosure. Do your own research and be aware of the risks and rewards.

All charts are illustrated in this commentary are Daily Chart Time Frame except I mention other 

Currency: EURCHF
Chart (Click to Download Newyork Close Chart): EURCHF Daily Candlestick Chart
Trend (Click to Read what is Trend): Downtrend
Support Point (Click to Read what is Support): 1.0739, 1.0651
Resistance Point (Click to Read what is Resistance): 1.1474, 1.1158,
Signal (Click to Read My favorite Forex Signals): Sideway Breakdown
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My Opinion: EURCH started Down trending from the resistance point 1.2003 and still its downtrend continue.
My Opinion: 
EURCH started Down trending from the resistance point 1.2003 and still its downtrend continues. 
Last some days this market was slow and go sideways. Finally, it was able to break the support point 1.0834 and now this support probably will act as a new resistance for this currency. We can expect this market downtrend will continue to next support 1.0739 to 1.0651 prices. I will notify you when a new signal will print at this point. Submit your Email to get notification and stay with us. 

1 comment:

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