EURCHF has seen a parabolic move upwards for the most part of last week. However, it is now facing resistance on the daily timeframe. We can see that the pair has formed a hanging man pattern. It will be a big hurdle to break above the daily resistance. A break below the tail of the hanging man could send the pair looking for the key area of support again. Fundamental Analysis Last week on Thursday, German and french manufacturing data as well as German PPI figures missed their expectation. Overall…
Read MoreEURCHF trading idea for the week of 22-April-2019
