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EURCHF Wave Analysis 25 November 2024

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- EURCHF reversed from support zone
- Likely to rise to resistance level 0.9360

EURCHF currency pair recently reversed up from the support zone located between the long-term support level 0.9250 (which has been reversing the price from the end of December) and the lower daily Bollinger Band.

The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Bullish Engulfing.

Given the strength of the support level 0.9250 and the bullish euro sentiment seen today, EURCHF currency pair can be expected to rise further to the next resistance level 0.9360.
FxProGlobal
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.

Reach out to media.comments@fxpro.com for PR and media inquiries
Juga di:
OscillatorsSupport and ResistanceWave Analysis

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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
OscillatorsSupport and ResistanceWave Analysis
FxProGlobal
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.

Reach out to media.comments@fxpro.com for PR and media inquiries
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.