Possible Short for EURCHF

FX:EURCHF   Euro / Swiss Franc
Possible short position for EURCHF . Price is currently moving below both the 50 and 200 EMA , thus indicating a short bias. Price is currently in a huge downtrend spanning for the past few months as you can see with the trend line channel. I have put in a risky short position with a 35 pip stop loss to compensate for the already occurring downtrend so we can survive the likely retrace to the upside. Take profit is at 60 pips. FX:EURCHF


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