From the charts we can see that
EURCHF
has remained in its bearish channel for about eleven months, now price is approaching the top of the channel which is also a major confluence of a supply zone and resistance level. If these levels hold, it's a big win for the bears.
Most importantly, In the coming days we are watching to see if the channel remains intact or broken by price.
We are also expecting the bearish trend to continue, considering the fundamentals in the Eurozone.
If you were inspired, don't forget to tab the like button.
EURCHF
has remained in its bearish channel for about eleven months, now price is approaching the top of the channel which is also a major confluence of a supply zone and resistance level. If these levels hold, it's a big win for the bears. Most importantly, In the coming days we are watching to see if the channel remains intact or broken by price.
We are also expecting the bearish trend to continue, considering the fundamentals in the Eurozone.
If you were inspired, don't forget to tab the like button.
