Hello Traders,
Let’s hit the charts…
1. EUR/CHF
EUR/CHF has a descending expanding channel formation.
Presently, price has broken support level 1.05204, but we have to wait for a possible pullback before selling.
Don’t forget tomorrow is Friday and we are looking at the daily chart. I don’t know how much steam is left in the EUR/CHF to drive price down to our next possible support level (1.04209).
All I am saying is be cautious if taking this trade.
What are your thoughts?
I wish you a great weekend and do join us again on Sunday for another weekly review of the market.
