The EUR/CHF opened with a gap down the trading session and it seems poised to resume the bearish movement. Is trading in the red on the short term, signaling that the bears are in control. Price is facing a tough support, is pressuring the WL4, but is somehow expected to drop further in the upcoming period.
Technically, it should be attracted by the median line (ml) of the descending pitchfork, only a failure to reach this level will signal another increase towards the upper median line.
