The EUR / CHF has just completed a pullback on 1.2080 as resistance.
The course continues to evolve within its long-term bearish channel (black lines on the graph).
All indicators are still bearish.
We maintain to trade only short positions in the parity that the course will be located below1.21.
An extension of the course under 1.2080 will strengthen our bearish sentiment on parity.
A burst of 1.20, then offer a new sell signal for an extension of the downtrend towards1.1950.
In case of return of more than 1.21 above a break, then we expect the increase of 1.2150to advise incoming / not treat more long positions in parity.
The course continues to evolve within its long-term bearish channel (black lines on the graph).
All indicators are still bearish.
We maintain to trade only short positions in the parity that the course will be located below1.21.
An extension of the course under 1.2080 will strengthen our bearish sentiment on parity.
A burst of 1.20, then offer a new sell signal for an extension of the downtrend towards1.1950.
In case of return of more than 1.21 above a break, then we expect the increase of 1.2150to advise incoming / not treat more long positions in parity.
