Blue Mind FX - Weekly Analysis EURCHF

EURCHF could honestly go either way in the long term. In the short term I would expect a retest of the Fib retracement from the April-September rally.

I would expect a retest of the massive support to happen again and would look to base swing trades based on that outcome. At the moment there is room to move up before we head back down!

Remember that we are currently in a period where most of the main market movers will be less active. That said people still need to buy money and orders will still need filling, so for now we will assume technical analysis will hold up.

These are purely analysis for the week leading 29th December 2019 and should not warrant any trade actions. They are purely for analysis and technical reference for you to put your own trading ideas to.

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