Possible Pullback on a 2 year resistance line.

62
The pair has recently re-approach the 61.8% Fib. Retracement which proven to be a strong resistance line for almost 2 years. Although the pair had made some recovery after the CHF bank introduce the negative interest rate, the overall trend is still bearish based on weekly and monthly trends.

Feel free to comment on my idea.

Cheers.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.