EURCHF TECHNICAL ANALYSIS IN H4 TIMEFRAME
Publish Date : 2019/09/03 - 05:54

EURCHF TECHNICAL ANALYSIS IN H4 TIMEFRAME:


We could see the prices are stucked in a descending chanel.

The prices are struggling and hovering around 1.0900.besides,there is a 200 SMA on the top of the chanel which could be considered as a resistence.

Moreover,the stochastic indicator is signaling overbought.

Falling from the top of the chanel is likely.

Source:Babypips

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