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FX Market Observation 14.07.22
EURCHF

Follow up on the earlier EURCHF observation, the long term SHS formation is still in play, break of the neck-line and with the last month confirm the SHS, the calculated target is around 0.90. Looking at statistic then 80% of the time of a traditional formation the target is hit within 10% of the calculated target estimated around 0.90/0.92.

*Market Observations are NOT trading recommendations*

About SGT

SGT is a multi-asset trading and investment specialist; setting the standard since 2006.

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