The currency EUR / CHF enters a secondary downtrend on a short-term timescale.
It is in a bullish channel that it has left to come and test the horizontal minor support zone, on an observed megaphone.
On which we find a support which can become a fulcrum of the bullish movement for a new exercise of price action.
Following the rupture of the support and ossicillate until trying to verify the last previous collapse.
This corresponds to the top of the megaphone and ends with a pick-up on the resistance in order to validate the movement.
Thank you for your attention and for taking your time for this analysis.
Comment your reaction in space and stay alert and cautious.
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It is in a bullish channel that it has left to come and test the horizontal minor support zone, on an observed megaphone.
On which we find a support which can become a fulcrum of the bullish movement for a new exercise of price action.
Following the rupture of the support and ossicillate until trying to verify the last previous collapse.
This corresponds to the top of the megaphone and ends with a pick-up on the resistance in order to validate the movement.
Thank you for your attention and for taking your time for this analysis.
Comment your reaction in space and stay alert and cautious.
Please like and follow, thank you.