I opened another buy limitation at 1.1550 if this pair falls back down to support again
when it clears 1.1550 about the daily chart, then I am no more bullish
I opened another buy limitation at 1.1550 if this pair falls back down to support again
when it clears 1.1550 about the daily chart, then I am no more bullish
out there, they think trump will understand and not doing much about it.
With current condition it will be good too for trump to make it.
Intra afternoon Alpari TC Technical Analysis places EURCHF as falling to 1.5350 and 1.5050 in extension. The puts the pair below their Daily pivot point of 1.5400 and resets the daily as Fall instead of Rise meaning long term down trend.
”If the US Treasury was to label another currency a currency manipulator it would imply that three standards had been hit ” ... this report appears to suggest, in its undertone, that Trump would attempt to stop Swiss currency manipulation.
https://www.fxstreet.com/news/chf-in...k-201801301246
tp should be at least 1.19 I believe. Btw, good entry, cause current price got manipulated till this level. And we might visit SNB intervention to drive EUR/CHF higher after.
Entered long position around 1.155
cease below 1.153
targets 1.16, 1.17, 1.18
that is accurate, for today. CHF acquired some strength from OANDA cause gt;70% traders in there long USD/CHF.
And in the long run, it affected EUR/CHF too.
As for USD/CHF, I don't know where it may go but EUR/CHF may have a restricted bottom and large upside left. Just buy into it.
I think that it may have found support near 1.155 but we will see
This is believed by anyone?
'We believe the central bank won't let the currency pair move below the 1.15 brink '
'Last night, EUR/CHF's price action was volatile before the currency pair started to pickup towards 1.1630. There is rumour that the SNB has needed to step forward to prevent further CHF appreciation. As usual, it is hard to tell whether the rumours are true or not. But given the sharp appreciation of the Swiss Franc of the last couple of weeks, there's little doubt the central bank won't stand and watch the CHF visiting the moon. Market participants will find more information following Monday if the SNB will launch its yearly report. We believe the central bank won't let the currency pair move beneath the 1.15 brink'. https://www.mql5.com/go?link=https:/...ngth-200199551