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Euro / Swiss Franc
Short

EURCHF 4hour Analysis 1/11/20

139
EURCHF Short Idea

The monthly, weekly, daily & 4hour timeframes are all very bearish

Current price action on this 4hour timeframe is retesting the 4hour 61.8% fib level where we will look for strong bearish setups to confirm this continuation

Ideally rejection + a lower high formation + bearish setups in this area would be confirmation enough to short

We are looking to target toward the -61.8% fib level around 1.07400

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