The Euro Swiss Franc.

Good evening Dynamic Traders,

A shorter term trade I am looking at on the 4 hour timeframe is the EURCHF.

As can be seen from the chart below we are in a dontrend and price has rallied back up to former support which is also at the figure.

We do have a cluster at this area and so I am looking at an entry to the short side should I get confirmation.

There are sveral other indications to this favouring at least a pullback, but I shall let you find as many of them as you can.

The trend is down on the daily timeframe too but we are getting convergence on this pair here and so I am going to use my lower timeframes and manage accordingly if I am entered.

As always please do your own analysis for any trades you wish to take.














Charts courtesy of TradeStation.

Enjoy your trading.

Clayton Farnworth.