The EUR/CHF pair has rallied significantly due to stronger Eurozone CPI data. However, it’s tough to see the pair continuing higher in the near future for several reasons. The European Central Bank (ECB) is likely to implement another round of rate cuts in March, which will weigh on the euro. Additionally, weak economic growth in the Eurozone and the ongoing tariff uncertainties add further downside pressure.
From a technical perspective, there's a clear head-and-shoulders pattern forming at the top of the weekly range, which suggests a potential reversal. Given these factors, it seems prudent to take short positions in anticipation of a pullback.
From a technical perspective, there's a clear head-and-shoulders pattern forming at the top of the weekly range, which suggests a potential reversal. Given these factors, it seems prudent to take short positions in anticipation of a pullback.
Trade active
Tariff set to hit today :) Trade closed: target reached
Hopefully you were in before friday close like me :) 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.