EURCHF SHORT OPPORTUNITY ON DOVISH ECB & TECHNICAL CONFIRMATION

Sentiment/Fundamental insight:

• German Producer Prices Rise 24.2% Y/Y Strongest YoY Increase Since The Survey Began In 1949
  
• ECB’s Lagarde: No Reasons For Us To Act In The Same Way As The U.S. Federal Reserve
  
• ECB’s De Cos: No Interest Rate Increase Expected In 2022 | Speaking on Spanish TV
  
• Risk-off market will keep CHF as save heaven currency strong
  

We are still hold very bearish bias on all Euro pairs.

Trade fermée manuellement:

Taking profit now at 1.03413.. healthy profit.

Commentaire:

WIll looking for better entry for short