Sell EUR/CHF

Limit order:

Sell EUR/CHF @ 1.2793

SL@ 1.2840

TP1@ 1.2740

TP2@ 1.2705

The pair has been declining for the past few weeks.

The daily and the 60 min chart show a clear decline and the pair is trading under the pivot line. There might be a correction to the 23.6% Fibonacci retracement line @ 1.2885 or even to the 38.2% Fibonacci retracement line @ 1.2927. However in case the pair will continue to decline

Entrance @ 1.2793 offers a good opportunity to catch the trend.

All Forex Trading analysis is based on the 1 hour and the daily chart.

Last price: 1.2830