EURCHF - Intraday - We look to Sell a break of 1.0779 (stop at 1.0792)
Broken out of the triangle formation to the downside.
There is no clear indication that the downward move is coming to an end.
The bias is to break to the downside.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.0742 and 1.0732
Resistance: 1.0800 / 1.0810 / 1.0820
Support: 1.0780 / 1.0770 / 1.0760
Broken out of the triangle formation to the downside.
There is no clear indication that the downward move is coming to an end.
The bias is to break to the downside.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.0742 and 1.0732
Resistance: 1.0800 / 1.0810 / 1.0820
Support: 1.0780 / 1.0770 / 1.0760
Trade closed: stop reached
