EURCHF: Trading Plan for Today

snapshot

EURCHF is trading within a bearish flag pattern.

I am waiting for 1H violation of support of the descending triangle formation to confirm the breakout of the flag.

In case of the confirmed violation, the price will most likely drop.

target levels will be:
1.0665
1.065


if the price respects support and closes above current local high, setup will be invalid.

Chart PatternschfCurrenciesEUREURCHFeuroForexswissfrancTechnical AnalysisTrend AnalysisTriangle

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