alexkyp

EURCHF potential SELL

Short
FX:EURCHF   Euro / Swiss Franc
1. The pair is approaching critical daily trendline
2. There is an M formation on Daily, 4HR & 15'' time frame
3. Both crosspair support the direction of trading as EURUSD is trapped 1.14 range and USDCHF is currently oversold and approching critical resistance
4. Upward trend is covered by the 800 EMA at 1.1350