With a nice uptrend and Major Pivot Stack as support the Euro Swiss cross looks bullish.
The price will need to breakout of the near term resistance area first, to confirm a move up.
Go long if the price breaks 1.13540 and place a stop loss at 1.12630 and profit target at 1.14890 for a good risk reward trade.
The price will need to breakout of the near term resistance area first, to confirm a move up.
Go long if the price breaks 1.13540 and place a stop loss at 1.12630 and profit target at 1.14890 for a good risk reward trade.
Note
This trade is active. I would raise the stop loss to the breakeven entry level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.