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PRICE ACTING STRANGE DUE TO BOLLINGER SQUEEZE : LONG

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FX:EURCHF   Euro / Franco Suíço
Hello Traders ,

Price was trying to push higher retracing back towards resistance but came back sharply lower due to Bollinger Squeeze and minor channel upper band resistance ,

This is normal during consolidation and retracement after strong trend run as technical indicators don't give much space price to move freely ,

EURCHF is still in downtrend but retracement is not over till Minor ascending channel Holds,

Hence we recommend Buying on Dips ,

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