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Tuesday, May 24, 2022

EURCHF retested the major support level and reached -650 Points
1 mins well spent

EURCHF Technical analysis

EURCHF Signal has given while market breaking the top zone of the downtrend line.

eurchf breaking the top zone

Now, EURCHF falls back to the major support level and reached our stop loss, then starts to bounce back from it.

This shows that EURCHF is always moving up and down between the support and resistance levels.

The Market is moving now in Sideways.

Buying at the support and selling at the resistance is better at this time.

If market breakout the resistance or support, Don’t enter immediately, wait for the re-test on this pair to catch the big pips.

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It is better to do nothing, instead of taking wrong trades.

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