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Academia-Pina

Consolidation in EURCHF is indicating probable downside

Short
Euro / Franc Suisse (FX:EURCHF)  
Academia-Pina  
FX:EURCHF   Euro / Franc Suisse
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
AS we can see in the picture the area of resistance of 1.1750-1.1720 is acting as a very strong barrier for price to keep going up. We can also see that price is developing a rising wedge, we will sell EURCHF when this wedge breaks to the downside.

Our traget is the 1.1450-1.14 area

Trade safe, regards!
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