EURCHF short

Possible area of interest on EURCHF. 30min trendline and channel confirmed by 200ema and bearish profile shapes/POC locations. fib retracement aligning with trendline and low volume node as possible turning point. Will keep an eye on the reaction and possible triggers closer to the time.

Eurozone marco data continues to come in lower promoting the continuation of ECB rate cuts and a weaker EUR along with the SNB cutting rates by less than expected and the continuation of geopolitical tensions adding to the strength as a safe haven currency