EUR/CHF Forecast

The pair is currently consolidating on the hourly chart and being held by the 21 EM. The pair is ranging between 1.0860 & 1.085 after the resent sell off yesterday.

Note: Retail sales came out as 0.2 which was much better than -1.6 which was expected. The pair hardly saw any volatility and ignored the report.

My short term bias is still bearish

 

2016-03-01_3-22-59

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