EURCHF: Counter-Trend Strategy – Action Forex
EURCHF, H4
EURCHF is rising and breaching above the upper Bollinger Band.
The RSI oscillator is in the oversold zone, giving a Counter-trend strategy set up on the chart, with a good opportunity to short the asset!
Consider a short trade on EURCHF on a consolidation below 0.9420 with the target at 0.9400 and 0.9360.
