Hello and welcome to my Trade Idea of the currency pair EUR/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly view is bearish.
Weekly: The weekly timeframe is very powerful bearish.
Daily: Daily is bearish too and right now we see a little consolidation.
H4: On the h4 timeframe we draw the counter trendline as well the resistance area. We expect new lows.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly view is bearish.
Weekly: The weekly timeframe is very powerful bearish.
Daily: Daily is bearish too and right now we see a little consolidation.
H4: On the h4 timeframe we draw the counter trendline as well the resistance area. We expect new lows.
Have a nice day.