Euro / Swiss Franc
Long
Updated

EURCHF - Bullish Bias

92
EUR - BULLISH
1️⃣ Optimism over the global economic recovery as vaccine progress continues and a massive fiscal stimulus is expected to be delivered in the US.

CHF - BEARISH
1️⃣ The upbeat market mood undermined the safe-haven CHF.

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Technical
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We are buying the EURCHF on the support of 1.08050 + above SMA 50 on the H1 chart.
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