EUR/CHF started this week on a sharply bearish note – in accordance with the following trade opportunity alert that I received for this currency pair last Friday. At the time this alert was generated – the pair was expected to fall toward the target level 1.2355 in the next 2 trading days. The pair started the week with the sharp downward price impulse which quickly brought the pair down to this target level and beyond – from where it corrected shortly up on Tuesday and resumed the downward movement on Wednesday (as you can see on the second trade alert for this pair below).
The following, today’s opportunity alert for EUR/CHF shows the latest price movement of this currency pair. The price is expected to fall further in the direction of the next Key Support Level 1.2117 in 6 trading days. The stop-loss for this forecast is set by Autochartist at 1.2752.