Consolidation in EURCHF is indicating probable downside

AS we can see in the picture the area of resistance of 1.1750-1.1720 is acting as a very strong barrier for price to keep going up. We can also see that price is developing a rising wedge, we will sell EURCHF when this wedge breaks to the downside.

Our traget is the 1.1450-1.14 area

Trade safe, regards!