Euro / Swiss FrancShort
EURCHF Sell the strong downtrend.
Updated
EURCHF - Intraday - We look to Sell at 1.0364 (stop at 1.0378)
Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
20 4hour EMA is at 1.0365.
Preferred trade is to sell into rallies.
Our profit targets will be 1.0327 and 1.0317
Resistance: 1.0350 / 1.0360 / 1.0370
Support: 1.0340 / 1.0330 / 1.0320
Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
20 4hour EMA is at 1.0365.
Preferred trade is to sell into rallies.
Our profit targets will be 1.0327 and 1.0317
Resistance: 1.0350 / 1.0360 / 1.0370
Support: 1.0340 / 1.0330 / 1.0320
Trade closed: stop reached
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