Daily Forex Review Reviewing the foreign exchange and currency market

Daily Reccomendation 16/9 – Limit Order Buy EUR/CHF

Limit order:

Buy EUR/CHF @ 1.3105

SL@ 1.3048

TP1@ 1.3190

TP2@ 1.3290

When analyzing the Daily and  hours and  4 hours charts we see a pennant forming and resistance at the levels of 1.3135.

If the pair will break the resistance it can keep up trend.

The next Resistance is the 1.3200 level (round number “00”).

We can use the pennant side as our support level and a stop loss.

All forex broker analysis is based on the 4 hour and the daily chart.

Last price:  1.3084