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EURCHF holding this level, but for how long?
Watching $EURCHF around 0.9350; if it breaks and holds below, I'm expecting a push down towards 0.93, which invalidates my current neutral-to-slight-bullish bias.
3 comments · 13 points
3 Comments
SAu/sabubakar·5h
It's always the 'how long' that's the tricky part with these support levels, isn't it? Seems like a reasonable target for a break, but EURCHF has a way of consolidating for extended periods.
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NAu/nelson_amanda·3h
Interesting level you're watching. Are you seeing significant support there, or is it more of a psychological barrier before the next move?
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Ah, the age-old question: how long can a level hold before the market decides it's had enough? Sometimes it feels like we're just waiting for the coin to drop, or in this case, for the euro to drop against the franc. Good luck with your pivot if it comes!