EURCHF Buy opportunity on a MACD Bullish Cross.

16 באוג׳ 2023

The EURCHF pair eventually hit our 0.95555 bearish target as set by our sell signal in June (see chart below):

The price is now past a 1D MACD Bullish Cross and on the bullish wave of the 7 month Channel Down. We therefore go long again targeting Resistance 1 at 0.96510 on the short-term and if a 1D candle closes above it, we will extend it towards the 1D MA100 (green trend-line) at 0.97100.

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