EURCHF is holding below descending trendline resistance and 1st resistance at 1.08464. A further push down towards recent swing low and 1st support at 1.08225 can be expected. It is worth noting that price is also holding below EMA (34), showing bearish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.