FullTimeTrader
Short

EURCHF-back into the area

FX_IDC:EURCHF   Euro / Swiss Franc
264 1 5
According to currency strenght analysis the EUR is extremely overbought and the CHF is extremely oversold.
We can see the price failed to hold above the long term resistance.
I expect a pullback from here to the levels shown on chart.
An AB=CD pattern was also in play.
The SL is above the long term resistance.
Regards.
Moving SL to BE, here we can see a rejection from ema 200 and the clone area. Nice!!
snapshot
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