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EURCHF 17 Jan 2024

EURCHF 17 Jan 2024 on the H1 timeframe, it looks like the pair managed to continue to stay above the kumo cloud on the ichimoku indicator. Although it had experienced a decline, but this pair was able to reverse the trend to return to strength. Successfully occupying the price position of 0.93705, this pair still seems to be continuing the bullish trend. If the bullish trend continues, then go-long is still an option for traders. But if there are factors that affect the market and make the trend reverse to bearish, then go-short is an option. Keep an eye on the market movements and calculate all possibilities before making trading decisions.

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