MtxTrader

EURCHF Price Movement Possibility Map

Short
FX:EURCHF   Euro / Swiss Franc
So we have price ranging in between a support and resistance zone for over a year now with a resistance trendline included.

I have mapped out what I think is viable price movement over the next month, so it can go up, but likely down. I think down because of the recent bearish nature of this pair, as it broke the support trendline and price began to slope downwards.

We will have to wait and see, however, in my honest opinion, I believe we will see price below 1.03 within the next 2 to 3 months for sure
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