Forex Trade Signals and Setups August 2nd

echf daily

EURCHF – Can it break the Big Figure?
As we wrote in our post last week on July 26th…
In terms of where the pair is going for now, we will watch for a break of yesterday’s low at 1.1517 to confirm the trend is still in place.  Such a move should continue to the all-time lows at 1.1405
and in the following post on July 27th…
Could it go beyond this?  Well considering the regional fears are not likely to dissipate soon, nor the global concerns, and the fact this pair has continually taken out new lows, we suspect it will likely find lower ground

Since then, the pair has continued to sell-off with consistency …

... Keep reading