We could expect EURCHF to pullback and reach our target on previous resistance level to correct imbalance levels.
Profit target 40 pips, risk reward 1:2
Stay tuned and feel free to follow for more ideas.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.
Profit target 40 pips, risk reward 1:2
Stay tuned and feel free to follow for more ideas.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.