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Weekly forecast Euro / Swiss Franc technical chart
Symbol EURCHF

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 28, 2021 - 00:45
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 1.08750 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 1.1110 on 03/12/2021, so more losses to support(s) 1.0990, 1.0910 and minimum to Major Support (1.0875) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 58.

Supports and Resistances:

  1. 1.1160
  2. 1.1095
  3. 1.0990
  4. 1.0830
  5. 1.0785
Click on the level to view price action history.

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