One of the things I like to do when seeking out trading opportunities is to review historical charts. Guess what I found?
THE EURCHF pair has been on a downtrend since 1994 at the peak of 1.80 till current price of 1.05.Now, it appears to have found some support at 1.05 level as you can see the price been hoovering at this range for nearly a month or so.
If it does break out from the down channel, this could be a good longer term buy. Again, there is no guarantee that it would not dip lower than 1.05 so the best thing to do is to wait patiently.
This is probably one of the rare pairs that if you sell and hold for the past decade and made off with good profits.
THE EURCHF pair has been on a downtrend since 1994 at the peak of 1.80 till current price of 1.05.Now, it appears to have found some support at 1.05 level as you can see the price been hoovering at this range for nearly a month or so.
If it does break out from the down channel, this could be a good longer term buy. Again, there is no guarantee that it would not dip lower than 1.05 so the best thing to do is to wait patiently.
This is probably one of the rare pairs that if you sell and hold for the past decade and made off with good profits.
註釋
Praise the Lord. what a nice bullish candle that was ! Now, we wait for some pullback before adding long註釋
Powerful.
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