EURCHF - Bullish Bias

6 เม.ย. 2021

EUR - BULLISH
1️⃣ Reports that the EU may hit vaccination target earlier than projected boosted the euro.

CHF - BEARISH
1️⃣ Expectations of a huge US economic rebound and high Treasury yields while the outlook in Europe remains more vulnerable due to rising Covid-19 cases.

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Technical
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We are buying the EURCHF above support + above SMA 50 on the H1 chart.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.

6 เม.ย. 2021

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