Trade of the day EURCHF

EURCHF rejected from the channel top resistance

 

EURCHF has been rejected from the strong resistance 1.0900. This rejection can lead to a downside reversal to 1.0700 mid of the channel. A break above this level is required for the upside reversal continuation. We could see one more swing down inside the downside channel.

Note: look for the short trade entries with the stop loss above 1.08700

EURCHF daily price action trading strategy

 

 

 

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