EURCHF technical analysis in 45 minutes

EURCHF technical analysis in 45 minutes: 2023-01-29

Deltafx Admin 30 January 2023

After the break of the trend line with decreasing slope to the static area of 1.00334, we have seen an uptrend. Now that the gold trend has reached the blue support area at 1.00334, we can expect another decline in the form of a zigzag. It is worth noting that the 2 red targets identified based on Fibo projection ratios in the areas of 0.99973 and 0.99729 completely overlap with the pivot points in the same time frame.

EURCHF technical analysis
EURCHF technical analysis

Leave a Reply

Your email address will not be published.

Related Articles

Are you ready for trading?