EURCHF possible Short opportunity

27 gen 2019

In the last 3 months the EURCHF has created a really strong Resistance line that is slightly declining. The price is getting close to that line again so we should expect an another bounce down from this line. Just mind that the lowest point of the last 3 months price consolidation was on the 2nd of january and from that point the next lowest points are slightly climbing up, so be careful when placing your limit order. RSI is going overbought. I wish you the best of luck with your trading :) .