Why you should short EURCHF at 1.08

FX:EURCHF   Euro / Swiss Franc
The EURCHF found very good support at the 1.07 and has moved up 100 pips. It has now come to a level where the bears may come back into the picture. Here are the reasons to short:

1) 1.0800- 1.0810 has a good monthly resistance.
2) 1.08 is a round number.
3) There are not one but two patterns to short here.

I will wait for a trigger on the patterns to short this pair.
Comment: Bulls are still in control. No reason to short yet.
Comment: This pair is ready to be shorted. Will wait for the test of the 1.08 level again with a small pattern for a short opportunity.
whats the target?
Snehath jabes
@jabes, back down to 1.07
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out