Chart of the Day EURCHF

EURCHF is retesting the falling trendline 

EURCH is retesting the falling trendline 1.0900 level. A rejection here would open downside extension.  Only a daily close above 1.0950 level could invalidate a downside extension and that is where the stops for the short trades should be. ARMAT trading system is pointing to the downside

Note: look for the short trade opportunities with the stop loss above  1.0950

 

 

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