EURCHF - Down Trend Continues towards Demand
EURCHF is in a long term downtrend.
We have seen a recent rally from .9300 rejected of the Supply Zone at .9580.
The market structure is contained , with the prior swing high intact.
Price is now moving back towards the Demand Zone , within a defined Channel.
The near term outlook is biased bearish , and opportunities sought to go short off trendline resistance.
We have seen a recent rally from .9300 rejected of the Supply Zone at .9580.
The market structure is contained , with the prior swing high intact.
Price is now moving back towards the Demand Zone , within a defined Channel.
The near term outlook is biased bearish , and opportunities sought to go short off trendline resistance.
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