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Eurchfshort

EUR/CHF CLOSE BELOW WEEKLY 200 SMA ShortIf anyone likes to trade off of the 200 sma this is a good trade to take, this is the first time price has closed below the 200 sma for a long time. We can watch the upcoming week and see if price retests and bounces down, or if price retests and shoots up through it for a bull run. Either way this is definitely something I will be watching heavily this upcoming week. If it shoots down like expected I think it will go down to the last low of about 1.0630 to test.
Short
by TradingWithCody