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Theperfectionist

Overall view of EURCHF - Update of June 24th week

Short
Euro / Swiss Franc (OANDA:EURCHF)  
Theperfectionist Updated   
OANDA:EURCHF   Euro / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns euro swissfranc swiss Forex SELL Bearish Patterns levels LOW
3
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trendanalysis harmonicpatterns chartpattern euro swissfranc swiss forex sell bearish levels low
We can acknowledge a support area tested twice, followed by a breakout after a strong consolidation in-between @1.12500 and @1.11500. Odds of a bear continuation remain high.

Possible targets: @1.10000 (+60pips) and @1.09000 (+170pips).

Advice: Stay bearish and sell at any highpoint while we don't break upward the support zone or 1.11500 top level.
Comment:
For the 3rd consecutive days, EURCHF is ranging. Volatility chances are increasing.
Comment:
The pair is settling back around the previous support zone.
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