EURCHF is in a descending triangle. It's made multiple bounces off the top trend line. Now it's in a resting area with the anticipation of move down to support at 1.121. If that move is made, a bounce off support back to trend will be likely and anticipated as well. This should continue until the pair is squeezed and forced into a certain direction.
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.