EURCHF has already broken the uptrend channel, created double top and later given a lower top. So hopefully it will break the support. Then we can expect it to go to at-least 1.08600 level. Also MACD is showing bearish divergence and Stochastic RSI is moving towards oversold region from overbought. I'll take a short position after a clear breakout of the support.
Trade closed: target reached
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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.