EURCHF is undergoing a relief rally after its explosive plunge owing to EUR's weakness across all pairs. The expectation is to see continuation of the bearish move in the coming weeks. This is no trend reversal, at least not as yet according to the prevailing price action.
The reddish line indicates the probable area where EURCHF may further resume its downward trend.
Trade well and take care.
The reddish line indicates the probable area where EURCHF may further resume its downward trend.
Trade well and take care.