Daily Analysis of EURCHF
A) Here, we have a clear scenario of a broken trendline after the price reaching a major support zone on the weekly chart.
B) Now, we can see a corrective structure supported on the broken descending trendline.
C) Our current plan is waiting for a breakout of the corrective structure and trade towards the next support zone.
A) Here, we have a clear scenario of a broken trendline after the price reaching a major support zone on the weekly chart.
B) Now, we can see a corrective structure supported on the broken descending trendline.
C) Our current plan is waiting for a breakout of the corrective structure and trade towards the next support zone.