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EUR/CHF mark: 1.17111
Forecast: down
TP: 1st support
SL: top resistance
H4 Key points:
Top resistance: 1.17300
1st Support: 1.16590
2nd Support/floor: 1.16000
Stochastic: preparing for going down
Cross is now touching the ceiling and preparing to turn back into the channel again, accordingly with Stochastic indicator and channel limits figure. The target is the 1st support and then the floor a little bit later.
Forecast: down
TP: 1st support
SL: top resistance
H4 Key points:
Top resistance: 1.17300
1st Support: 1.16590
2nd Support/floor: 1.16000
Stochastic: preparing for going down
Cross is now touching the ceiling and preparing to turn back into the channel again, accordingly with Stochastic indicator and channel limits figure. The target is the 1st support and then the floor a little bit later.
