EURCHF has been creating beautiful bearish market structure recently creating lower highs and lower lows.
If we look at the weekly timeframe we can see we are testing the 50 Moving Average and i would like to see negative data release today for the eurozone which could enhance the chances of this being a monster of a short trade.
Wait for added confirmations as we have rejected nicely of the 0.785% fib levels.
Trade safe.
If we look at the weekly timeframe we can see we are testing the 50 Moving Average and i would like to see negative data release today for the eurozone which could enhance the chances of this being a monster of a short trade.
Wait for added confirmations as we have rejected nicely of the 0.785% fib levels.
Trade safe.