EurChf - Descending Triangle

1 באוק׳ 2017

EurChf last week capitulated below the key area of support at 1.15558 before finishing the week criss-crossing the key area of 1.14482. Price is currently in the process of forming a Descending Triangle pattern indicating further declines in the EurChf next week. As long a price stays below the 1.14482 we will look towards the targets of 1.13594 and 1.12782 respectively.