LONG EURCHF @ 0.9885
TP @ 1.0124
SL @ 0.98
EUR has been under extreme pressure in the last few weeks mainly due to dollar strength in the market. Instead of betting against the dollar I have decided to pivot into buying EURCHF at recent lows. I think we may start to see a FED slow down in their hiking cycle and ramp up in the ECB hawkishness. I do not expect CHF to strengthen much from here.
Good luck :)