Friday, October 16, 2026

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EUR/CHF shorts still active, 1.0518 next

Short trade endured the climb to 1.0700 in early Europe Now moving towards the 1.0518 low from Mar 13 Once prices close below this level, lower the stop to start booking profits Target at 1.0420 is by the 1.0414 Feb 9 sw…

By Ian Preston
1 min read
EUR/CHF shorts still active, 1.0518 next
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  • Short trade endured the climb to 1.0700 in early Europe

  • Now moving towards the 1.0518 low from Mar 13

  • Once prices close below this level, lower the stop to start booking profits

  • Target at 1.0420 is by the 1.0414 Feb 9 swing low

  • The 38.2% of the 0.9776-1.0811 rise at 1.0416

 

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By FxWirePro Team