EURCHF NEARING IMPORTANT LEVEL LIKELY SHORT.

EURCHF HAS BEEN FOLLOWING A DESCENDING TREND LINE SINCE THE 6TH OF APRIL WHICH IS NOW COMING TO A HEAD, SUPPORT HAS BEEN FOUND AT 1.0233 WITH MULTIPLE DOJI'S FORMING SHOWING GREAT INDECISION. IT COMES AS WE REACH THE 50% LEVEL OF THE JAN 15TH (SNB BOMBSHELL) TO 20TH FEB RECOVERY ATTEMPT. i WOULD EXPECT A BREAK BELOW TO HAPPEN AND AN OPPORTUNITY FOR A SHORT.
BUT WE WAIT FOR PRICE ACTION AND CONFIRMATION.
Bearish PatternsEURCHFFibonaccitrend

Disclaimer