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EUR/CHF Testing Trendline

Short
FOREXCOM:EURCHF   Euro / Swiss Franc
The price is right on the lower trendline and could breakthrough very soon. It could also bounce from here and continue within the ascending triangle so we need to wait for the move to happen before entering a trade. As can be seen on the MACD this is in a Bearish environment as it is below 0 and 10 EMA is below 20 EMA so this could break very soon. Wait for the confirmation and enter a short on the retest of the new resistance. TP is at the next support level of 1.06900 to 1.06700

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