EURCHF SHORT IDEA
Overall EURCHF has been bearish on higher time-frames so we will continue to look for short opportunities at current price action
Current price action is near the 61.8% fib level but we will look for the 78.6% to be tested as major confluence is in this area: weekly resistance & prior broken structure
Upon significant bearish confirmation we will look to target toward the -27% daily fib and monthly support around 1.0850-1.08350
Overall EURCHF has been bearish on higher time-frames so we will continue to look for short opportunities at current price action
Current price action is near the 61.8% fib level but we will look for the 78.6% to be tested as major confluence is in this area: weekly resistance & prior broken structure
Upon significant bearish confirmation we will look to target toward the -27% daily fib and monthly support around 1.0850-1.08350