Smart Money Eyes Reaction from Key Demand as EUR/CHF Tests Support
📌 Analysis:
The daily chart of EUR/CHF shows price retesting a major demand zone around 0.9300–0.9250, with clear signs of liquidity buildup:
- Price is currently hovering just above a Strong Low, suggesting this level is being defended by smart money.
- Multiple Equal Lows (EQL) and Breaks of Structure (BOS) occurred in recent months, indicating prior accumulation attempts.
- The Weak High near 0.9470 marks a key liquidity target in case of reversal.
- The current structure suggests smart money may be absorbing sell pressure in this blue zone before initiating a bullish move.
📊 If price breaks and closes below 0.9250, it may invalidate the bullish thesis and trigger deeper downside toward 0.9150–0.9100.
✅ Fastpip Signal (Buy Setup):
- Buy Entry: 0.9280 – 0.9300
- Stop Loss: 0.9225
- Take Profit 1: 0.9420
- Take Profit 2: 0.9550
- Take Profit 3: 0.9700