31.08.2020
The overall trend is downward. The currency pair is trading in the range of 364 and 135 moving averages, and the ascending H1 level pattern is truncated. Stochastic Oscillator also signals an overbought condition.
EURCHF rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending pattern is formed, where the wave (aC) breaks through the inclined channel of the ascending truncated pattern.
Stop Loss: 1.0775.
Target levels: 1.0731; 1.0697.
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