Mega bearish on EUR at the moment and I think we'll continue to see EURCHF slide.
Here's my ideas, plan A and plan B both resolve at a TP of 0.967 but I think we'll break through the demand zone and head down to 0.957, which is a 1:6 trade.
Last week the Euro was the worst performing G10 currency in my analysis, we can see USD strengthening (which indicates risk off), and therefor continued EUR weakening (risk on), nom sen.
Trade safe!
Here's my ideas, plan A and plan B both resolve at a TP of 0.967 but I think we'll break through the demand zone and head down to 0.957, which is a 1:6 trade.
Last week the Euro was the worst performing G10 currency in my analysis, we can see USD strengthening (which indicates risk off), and therefor continued EUR weakening (risk on), nom sen.
Trade safe!