At the beginning of July, EurChf has broken parity and made a low at the 0.94 zone.
After this low, the pair started to rise and at this moment an inverted H&S can become into play.
The price at this moment is exactly in the neck-line resistance and a break here would expose 1 important figure and technical resistance.
Going further, a break above parity could lead to further gains towards 1.02 which is the patterns measured target.
I'm bullish as long as the price is above 0.96
After this low, the pair started to rise and at this moment an inverted H&S can become into play.
The price at this moment is exactly in the neck-line resistance and a break here would expose 1 important figure and technical resistance.
Going further, a break above parity could lead to further gains towards 1.02 which is the patterns measured target.
I'm bullish as long as the price is above 0.96
📈 Forex & XAU/USD Channel:
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.