EURCHF Sell the downtrend.
EURCHF - Intraday - We look to Sell at 1.1078 (stop at 1.1101)
Trend line resistance is located at 1.1080.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
The previous swing high is located at 1.1085.
Our profit targets will be 1.1016 and 1.0981
Resistance: 1.1060 / 1.1080 / 1.1100
Support: 1.1030 / 1.1000 / 1.0980
Trend line resistance is located at 1.1080.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
The previous swing high is located at 1.1085.
Our profit targets will be 1.1016 and 1.0981
Resistance: 1.1060 / 1.1080 / 1.1100
Support: 1.1030 / 1.1000 / 1.0980
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