Hi Traders
Based on technical analysis and the indicators, EURCHF has been overbought and the price is loosing momentum going upwards or on the bullish direction, bearish divergence is also occurring. I'm expecting price to change direction to the bearish direction and hit 0.99020. You can place a sell order at around 1.00195 if there is any bearish candles confirmation, take profit at 0.99020 and stop loss at 1.00350.
Thanks
Happy trading
Based on technical analysis and the indicators, EURCHF has been overbought and the price is loosing momentum going upwards or on the bullish direction, bearish divergence is also occurring. I'm expecting price to change direction to the bearish direction and hit 0.99020. You can place a sell order at around 1.00195 if there is any bearish candles confirmation, take profit at 0.99020 and stop loss at 1.00350.
Thanks
Happy trading