EUR/CHF:SELL From 50% FIBO Level Dynamic Trendline SHORT !
EUR/CHF from our last Idea had a deeper retracement and now it still approaching the 50% and 61.8% FIBO levels where it also placed the dynamic trendline from the bearish channel. The stochastic it still in the Overbought area and following the positive correlation with the EUR/USD we think about a new Push down of the price in the direction of the main trend. Downtrend.
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