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EUR/CHF Reversal?

MultiBank Exchange Group
By MultiBank Exchange Group

EUR/CHF has posted significant gains in the morning and tries to stay higher after the failure to reach and retest the 1.1536 previous high. I’ve drawn a minor descending pitchfork hoping that I’ll catch a potential downside movement. A retest of the upper median line (uml) of the minor descending pitchfork followed by a minor decrease will confirm a significant drop.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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