Buying Opportunity is seen in the currency pair at lower level we have seen an Engulfing Pattern . Engulfing is a short term reversal pattern. In our scenario we have seen the pattern at previous low from where the pair moved uside. 

There is a great opportunity here to buy and hold the pair for a short term purpose, we are expecting it to perform in coming days.

The RSI is following the price and we expect to do so the rsi has also been in oversold zone which can act as a supportive move to the pair.

EUR/CHF

Oct 20 2021

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