I cant argue with that bud
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Quite true with the global and political landscape we have now
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EURCHF
As the EURCHF sits at a 5 year low we see consolidating momentum and grow in bullish sentiment across the board. The central bank may be intervening to stop it rising further, outweighing the impact of concerns about the spread of a new coronavirus that have driven investors into safe-haven assets this week.
This pair is ripe for the taking and in my eyes has reached its limit. I will update weekly and when we get some technical confirmations I will be scaling in all the way up!
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All signs for me look like a bearish continuation.
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Looking for a big turn around!
Reckon it could turn soon too
Watching with interest but I think it going down myself…
Yeah this looks good for the sell off here. Would think the fundamentals may even help it at the moment.
Appears to have slowed which is a positive for looking at a reversal. Waiting game now. Looks to have rallied a bit today.
This pair surely has to turn around soon, when it does I’ll be buying.
Thanks for the analysis. I’ll keep an eye on this pair, but will be sitting on the side line for now… I don’t have much confidence in the Euro at the moment.
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Thanks. I’m watching no sign of a turnaround yet.
It appears to have bottomed out , waiting for clear direction
I don’t think too many of us do !
Was a strong resistance level before makes sense
Good pull back on the daily today could be a good sign?
always find this to be a weird pair
Glad to see others also joining this thread with their analysis too.
I’m just going to watch this pair and see what happens when the markets open. A lot uncertainty thanks to the coronavirus ATM and things seem to be changing daily.