Hello Traders
EUR/CHF is moving in a big descending channel.
It has broken a bear channel and pulled back on it and then kept moving downward in a small descending channel.
Right now small support zone hold price from falling but it will be broken soon.
Last week price tried to break small descending channel but that was a fake breakout.
We expect price to continue its downward move.
Thanks for Reading
Team Fortuna
-RC
EUR/CHF is moving in a big descending channel.
It has broken a bear channel and pulled back on it and then kept moving downward in a small descending channel.
Right now small support zone hold price from falling but it will be broken soon.
Last week price tried to break small descending channel but that was a fake breakout.
We expect price to continue its downward move.
Thanks for Reading
Team Fortuna
-RC
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.