EUR/CHF Trading Analysis (02/09/2025)
The trend is downward. The currency pair is trading within the 365-135 EMA range. The ascending truncated wave structure ended with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an overbought state.
Trade idea:
- Sell at the beginning of the descending wave structure formation.
- Stop-loss at 0.9384.
- Price targets are 0.9345 and 0.9326.
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