EURCHF is trading in a long-term bearish trend. After a consolidation, the price violated a key horizontal support and closed below that.
The broken structure and a major falling trend line now compose the contracting zone of supply. I will expect a bearish movement from that at least to 0.953 support.
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.