USD/DKK 4H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EUR/CHF 4H Chart: Channel Down Comment: There is a distinct bearish channel emerging in the hourly chart of EUR/CHF. The pair has recently topped out at 1.12, and since then it has been trending lower. However, there is likely to be a small rally in the short run, as the price has just tested the lower bound of the pattern. The upside is to be limited by the red trend-line at 1.0930, and there the Euro should start a new bearish wave. The major risk for the short positions is represented by

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