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Signal_Centre1
Dec 31, 2021 7:16 AM

EURCHF Sell the strong downtrend. Short

Euro Fx/Swiss FrancFXCM

Description

EURCHF - Intraday - We look to Sell at 1.0364 (stop at 1.0378)

Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
20 4hour EMA is at 1.0365.
Preferred trade is to sell into rallies.

Our profit targets will be 1.0327 and 1.0317

Resistance: 1.0350 / 1.0360 / 1.0370
Support: 1.0340 / 1.0330 / 1.0320

Trade closed: stop reached

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