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Pika7993

Technical sell with pullbacks

Viés de baixa
Euro / Franco Suíço (FX:EURCHF)  
Pika7993  
FX:EURCHF   Euro / Franco Suíço
Trend Analysis Chart Patterns Technical Indicators Moving Average Convergence / Divergence (MACD) Relative Strength Index (RSI) EURCHF support Support and Resistance
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trendanalysis chartpattern indicator macd relativestrengthindex eurchf support supportandresistance
RSI is in the overbought zone while we are finding rejection at top resistance. Given the chart pattern I forecast a sell off to bottom support with pullbacks as mapped in the chart.

If the MACD line crosses down on signal this will help give a push further away from resistance.

Please comment with thoughts and ideas. Thank you.
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