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EURCHF 14 Feb 2024

EURCHF 14 Feb 2024 on the H1 timeframe, this pair was seen experiencing a trend reversal after touching the resistance line at the end of yesterday. Had experienced a significant increase until bringing this pair managed to touch the price position of 0.95060. Now this pair is in a bearish trend, if referring to the stochastic indicator, it appears that the bearish will continue. Therefore, go-short is still an option for traders. However, if there is a trend reversal due to oversold, then go-long can be an option. Keep an eye on market movements and calculate all possibilities before making trading decisions.

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