Forex technical analysis: EURCHF horse leaves the barn, but test key resistance...

Discussion in 'Technical Analysis' started by ForexLive, May 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    10 days in the barn The EURCHF left the barn today. For the last 10 trading days (see hourly chart below), the pair has been between the 1.0962 to 1.1015. ON the topside the extreme area was from 1.1008-1.1015. Note on the hourly chart below how the last corrective low today bottomed just above the 1.1008 level and it was a race higher (outside the barn) from there.

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