EURCHF Short

23 мар. 2022 г.

Shorting EURCHF again New York open, price pushed up during Asian session and began its decent during London session with a nice 4HR engulfing candle at 50MA on 4HR TF. Price tapped into an imbalance area at 1.0316 and quickly rejected with strong selling pressure from the bears. Momentum looks to be building on sellers side. Price needs to push through support at 1.02647 and then I am targeting next support levels at 1.0207 and 1.0189.