Tag: EURCHF

EURCHF has broken the higher low of uptrend line and it is trying to break the horizontal support zone without much retracements. This leads to the SL price. However In another long term view, EURCHF is standing now at the 61.8% retracement level. If the price bounces back from this zone, it will move up more if it continues to fall, it should have to break the next support areas S1, S2. If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, ... Read more