EUR/CHF chart - Trading View
EUR/CHF was trading in tight ranges with session high at 1.0826 and low at 1.0815.
Price action is grinding lower in 'Sloping Channel' pattern and the pair's bounce off channel base support failed to gain traction.
After extending choppy trade around 5-DMA, price action is set to resume weakness. Channel base at 1.08 in sight.
The single currency remains under pressure ahead of the European Central Bank's (ECB) policy meeting.
After the dovish strategic review, the central bank is likely to strike a more dovish tone which could drag the pair lower.
Risk-off market sentiment amid mixed clues concerning virus is likely to keep safe-haven demand for the swiss franc, weighing on the pair.
GMMA indicator shows major and minor trend are strongly bearish. Price action is below cloud and major moving averages.
Immediate support lies at channel base at 1.08. Breach below will see test of 76.4% Fib at 1.0776. Bearish invalidation only above 200-DMA.


FxWirePro: EUR/ NZD stuck in range but outlook is bearish
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro: GBP/USD falls to two-day low, scope for further downside
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro- Major Crypto levels and bias summary
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro- Major European Indices
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe 



