eurchf4h

Farid_alfredo

Price has reached to it's highest point inside the channel and temporarily bearish movement is likely to be happen within channel.

AEFX786 Updated 

We can see the EURCHF is nearing a major support level and if we look at the 1W + 1M charts, we can see sellers are slowly diminishing and momentum is changing in favour of buyers, however we may see this manage a leg lower before price can move up. A conservative entry would be to wait for a break of the downtrend line, whilst staying above the uptrend line and...