Midaz_Investments

EUR/CHF ( MIDAZ TRADING STRATEGIES)

Short
FX:EURCHF   Euro / Swiss Franc
EURCHF
Long term down trend line.
Sort of double top formed, with volume of 2nd top lower than 1st top.
Price is at neckline.
Direction targeting next support zone.

Fundamentally, GDP(Q1) fell to -3.8% , Unemployment rate although beats estimates by 0.3%, it is still is a recessionary zone at 7.4% unemployed.
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