Signal_Centre

EURCHF - Selling rallies within the triangle

Short
FX:EURCHF   Euro / Swiss Franc
EURCHF is Bearish - We look to Sell at 1.0522

▪️ Price continues to trade within the triangle formation.
▪️ The continuation pattern should target levels between 1.0485 & 1.0500.
▪️ Negative overnight flows lead to an expectation of a weaker open this morning.
▪️ Further downside is expected, however, due to the strong support below we prefer to sell a break of 1.0522, which will confirm the bearish sentiment.
▪️ Expect trading to remain mixed and volatile.

Stop: 1.0533
Target1: 1.0485
Target2: 1.0475