EURCHF - 240 - CHF looks slightly better

2019-12-10 16:25:09

Quick idea.

EURCHF is testing its key support area. If we see a close at least of a 4-hour candle, then this could lead the pair lower towards its medium-term upside support line. In order to get comfortable with the upside, we need a break back above the 200 EMA.

Please see the chart for details.

Don't forget your stop-loss.