Trade Idea: EURCHF In Bullish Corrective Structure, Trading the Break | Oct 22

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EURCHF – ST Bullish Corrective Structure, Waiting for Break to Trade (1hr chart)

Price Action Context

ST the forex pair is bullish while inside this corrective structure between 1.0972 and 1.1039. Looking for a breakout setup to get long, but will consider shorts should the downside break.

EURCHF corrective structure

Trending Analysis

ST bullish while inside the CS. MT neutral to bullish while above 1.0863 on a daily closing basis.

Key Support &Resistance Levels

R: 1.1039, 1.11

S: 1.0972, 1.0863

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