EURCHF experienced bullish pressure to approach the trendline resistance at 0.99600 but could not break above it.
The bearish bounce suggests the downtrend could resume with an initial target at 0.99000 support.
A break below 0.9900 will open the way to 0.98230.
Alternatively, a break above the resistance will extend the bullish retracement towards 1.00202.
The bearish bounce suggests the downtrend could resume with an initial target at 0.99000 support.
A break below 0.9900 will open the way to 0.98230.
Alternatively, a break above the resistance will extend the bullish retracement towards 1.00202.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.