EUR/CHF chart - Trading View
EUR/CHF hits new 6-week lows at 1.1241, bias lower.
The pair has paused downside at strong trendline support at 1.1240.
Momentum studies are bearish. Price action has broken below daily cloud.
Stochs and RSI sharply lower. MACD supports further downside.
Next bear target lies at 1.1182 (Jan 3rd lows) and then 1.1161 (Mar 29 low).
5-DMA is immediate resistance at 1.1264. Break above eyes 50-DMA at 1.1313.
Recommendation: Stay short on break below 1.1240, SL: 1.13, TP: 1.12/ 1.1185/ 1.1160
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/USD recovers but bears are not done yet again
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major European Indices
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 



