EURCHF Holds Below 1.085
Key Details:
- After a massive rally, the selloff has begun. The 1.085 is a key level that I'm looking for the week ahead.
- As price is holding below this level, I am expecting momentum to pick up to the downside as we move into the London session.
- If price makes a sharp cross above this level, it's possible that selling pressure has died down quickly than expected. If I do see a sharp move, my directional bias will change, or at least in the short run.
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