EURCHF has broken through previously strong support zone and supportive trendline. At present, EURCHF appears to be retesting these key zones, presenting an opportunity for bears to short the pair upon successful rejection of the key zones. A stop loss can be placed a few pips above the previous supportive trendline and support zone.
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Be sure to follow me for more ideas and analyses. Leave a comment with your thoughts below, all input is appreciated.
Best of luck traders!