EURCHF - Weekly forecast, Technical Analysis & Trading Ideas

Midterm forecast:

• While the price is above the support 0.92029, beginning of uptrend is expected.
  
• We make sure when the resistance at 0.95721 breaks.
  
• If the support at 0.92029 is broken, the short-term forecast -beginning of uptrend- will be invalid.
  

Technical analysis:

• A trough is formed in daily chart at 0.92525 on 12/10/2024, so more gains maximum to Major Resistance (0.95721) is expected.
  

Take Profits:

1. 0.94327
   
2. 0.95010
   
3. 0.95721
   
4. 0.96439
   
5. 0.97614
   
6. 0.98368
   
7. 0.99295
   
8. 1.00286
   
9. 1.01177
   

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