EURCHF approaching resistance, potential drop!

EURCHF is approaching our first resistance at 1.1260 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.1182.
Ichimoku cloud is also showing signs of bearish pressure.
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Chart PatternschfEUREURCHFeurchflongeurchfshortForexforexsignalsforextradingHarmonic PatternsTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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