Having revisited EURCHF, we can see that there's a really clear channel at play. We can take advantage of this by trading within the channel parameters.
There's EUR news tomorrow that may help move EURCHF back up to the highs of the channel.
Trade Idea: - Watch for break of the descending red trendline for confirmation - Once entered, SL below the lows (below channel) - Targets: 1.02 (300pips), 1.045 (580pips)
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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.