Trend: Bearish Structure: Fibonacci levels and support & Resistance.
Plan: EURCHF has seen this large pullback of its bearish trend. It appears to be stumbling at the 0.5 Fib level retracement and solid resistant levels.
If MACD confirms its bearish signal we can expect a move to the downside with TP at 0.5Fib
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.