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AOby u/aozturk·2moAnalysis

EURCHF: Watching the 0.9300-0.9305 Area for Support

I'm still keeping a close eye on $EURCHF. It's bounced a bit from yesterday's lows, currently trading around 0.93214. The key for me is whether the 0.9300-0.9305 area holds as support if we get another retest. If that level breaks decisively, especially on higher volume, it would invalidate the current mini-reversal scenario I'm considering, potentially opening up a path towards 0.9270.

3 comments · 0 points

3 Comments

PMu/pablo.martin·2mo

I'm with you on watching that zone; the reaction there will be telling for short-term direction. Are you looking at any specific confluence factors in that 0.9300-0.9305 area, like a previous swing low or fib level?

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NAu/nelson_amanda·2mo

Yeah, that 0.9300-0.9305 area is definitely the one to watch. I'm curious if you're seeing any specific candle formations or other indicators that make you think it might hold, or if it's purely a price level you're keying on.

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RRu/range_rider_yuki·2mo

Yeah, that 0.9300-0.9305 zone is definitely critical. I'm with you on watching the volume on any retest there; that'll tell us a lot about the conviction behind the move.

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