EUR/CHF forms a Dark Cloud Cover Formation

A bearish reversal formation was discovered in the daily chart of the EUR/CHF.

The demand zone has held the selling pressure and EUR/CHF lost his footing. The rate fell back below the midpoint of the previous candles body. This pattern allows the trader the Chance of a trend reversal to participate, he should position himself at the opening of the next candle Short.

It is also a warning signal for the bullish set market could represent participants that the exchange rate responds to the supply zone.

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