EURCHF has already broken the uptrend channel, created double top and later given a lower top. So hopefully it will break the support. Then we can expect it to go to at-least 1.08600 level. Also MACD is showing bearish divergence and Stochastic RSI is moving towards oversold region from overbought. I'll take a short position after a clear breakout of the support.
Trade closed: target reached