Sorry, you need to enable JavaScript to visit this website.

EUR/CHF Signal - CHF Trade Balance - 19 Aug 2021

You are here

Signal Details
Entry Price: 
1.0739
Take Profit: 
1.0791
Stop Loss: 
1.0699
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURCHF has bounced from the daily trendline prior to the CHF Trade Balance data, which shows the balance between Switzerland's Imports and exports. Technically the pair has broken the bearish structure after a bounce from the higher time frame trendline, and we anticipate continued upside into the 1.0791 level.

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.