EURCHF - Bullish Bias
EURO - Weak Bullish
1️⃣ Sentix Investor Confidence showed an increase of 1.4 to 18.3 in November, compared to market expectations of 15.5.
2️⃣ ZEW Economic Sentiment for the Eurozone rose to 25.9 in November, from 21.0 in the previous month.
CHF - Strong Bearish
1️⃣ Investors are seen to be cautious when the value of EUR/CHF is under SNB monitoring.
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Technical
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The EURCHF has broken above the resistance levels and retested.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
1️⃣ Sentix Investor Confidence showed an increase of 1.4 to 18.3 in November, compared to market expectations of 15.5.
2️⃣ ZEW Economic Sentiment for the Eurozone rose to 25.9 in November, from 21.0 in the previous month.
CHF - Strong Bearish
1️⃣ Investors are seen to be cautious when the value of EUR/CHF is under SNB monitoring.
=====
Technical
=====
The EURCHF has broken above the resistance levels and retested.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
Trade active
Trade closed: stop reached
❌ TRADE HAS HIT SL-50 PIPS
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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.
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.