EURCHF: Important Zone to Watch 🇪🇺🇺🇸

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Euro / Franco Suíço (OANDA:EURCHF)

OANDA:EURCHF Euro / Franco Suíço

Trend Lines Supply and Demand Triangle EURCHF euro swissfranc EUR chf forecast priceaction swingtrading Contains image

trendline supplyanddemand triangle eurchf euro swissfranc eur chf forecast priceaction swingtrading containsimage

snapshot

EURCHF is trading in a long-term bearish trend.
After a consolidation, the price violated a key horizontal support and closed below that.

The broken structure and a major falling trend line now compose the contracting zone of supply.
I will expect a bearish movement from that at least to 0.953 support.

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