EUR/CHF plunged and extended the sell-off, but now has touched a crucial support area. A valid breakdown below the confluence between the upper median line (uml) with the WL3 will validate a further drop. Technically is expected to drop further after the failure to stay above the wl1 and above the WL4. We’ll have an important downside target at the median line (ml) of the minor ascending pitchfork.
