PeNuel2020

EURCHF - SELL BELOW @1.09

Short
FX:EURCHF   Euro / Swiss Franc
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KEY REASONS FOR SELLING EURCHF:
PAIR IS AT A POSSIBLE STRONG SUPPLY LEVEL
PAIR SHOWING STRONG DISTRIBUTION AT A DESCENDING CHANNEL/WEDGE TOP
PAIR PLAYING NICELY WITHIN A MULTI-WEEK DESCENDING CHANNEL/WEDGE
PAIR ALIGNS OFTEN WITH EURJPY PERFORMANCE
PAIR HAS MADE A RESISTANCE AT KEY R/S LEVEL @1.09
SWISS FRANC MAY STRENGTHEN BASED ON RISK-OFF MARKET MOOD IN COMING DAYS


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DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.

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