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EURCHF Bearish leg of Channel Down has started.
Euro / Swiss Franc
Short
EURCHF Bearish leg of Channel Down has started.
By TheCryptagon
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Oct 9, 2023
3
Oct 9, 2023
EURCHF is trading inside a Channel Down that priced the latest Lower High at 0.969650 (Resistance A).
That is confirmed by the Sell Cross formation on October 5th, the highest formed since January 31st.
Sell and target 0.94100 (Support A), even though we can decline a little more (-3.25% was the previous bearish leg).
Previous chart:
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Chart Patterns
chf
EUR
EURCHF
euro
Forex
Technical Indicators
swissfranc
Trend Analysis
TheCryptagon
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