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Long

New York Session Watch EURCHF

FX:EURCHF   Euro / Swiss Franc
EUR/CHF             slid after the bearish pin bar candlestick pattern that we covered yesterday in our New York Session Watch. Before the price fell from the 1.2115 resistance level , there's another two candlestick patterns which add odds to the downside which is the doji candlestick pattern and the inside bar candlestick pattern. The current support level is at 1.2080 and resistance level at 1.2115. The Commodity Channel Index ( CCI ) is showing the current price is in oversold territory which could lead the price higher before proceeding with its downside movement. A close above this 1.2080 could potentially offer buying opportunities in today's New York session.
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