As we can clearly see EURCHF has retested resistance and rejected on the 4 hr. Looking at the weekly chart depending on how the candle closes out we could see a bullish week ahead. As shown current weekly time frame shows a clear tweezer bottom candle formation. Also hit 61.8% fib retracement on the monthly.
Possible pullback to 1.1205 wait for confirmation. Target area 1.15
Trade active
Trade closed: target reached
Target reached 1.147 trade closed at 1.146 210 pips profit.
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