EUR/CHF chart - Trading View
EUR/CHF was trading 0.07% higher on the day at 1.0840 at around 07:35 GMT.
The pair is consolidating previous session slump, scope for further downside.
Price action has found some support at channel base at 1.0830, further weakness only on break below.
Momentum is bearish. Stochs and RSI are sharply lower and volatility is rising as evidenced by widening Bollinger bands.
Breach below 200-DMA has opened downside in the pair. Break below channel base will drag prices lower.
GMMA indicator shows major and minor trend are bearish on the daily charts. The pair is in a major downtrend and bearish negation only above 55-month EMA.


FxWirePro- Major European Indices
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major US Indices
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro-Major European Indices
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 



