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EURCHF: Consolidation & How to Trade It

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Euro / Franc Swiss (FX:EURCHF)  
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FX:EURCHF   Euro / Franc Swiss
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis euro swissfranc chf EUR EURCHF Currencies
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis euro swissfranc chf eur eurchf currencies
snapshot

EURCHF is stuck between two horizontal structure levels.
it is a classic example of the indecision.

the best way to clarify the future direction of the market is to wait for the breakout of the range.

though It can be broken to both sides,
I am bullish biased on this pair and would trade only a bullish violation.

in case of an 8H candle close above the range, I would buy on a retest.
next goal would be 1.087

good luck
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