Looking to open a a short position in EURCHF . I will leave it until the London/Europe open before taking the trade .
Price action seems to be rolling over here and a short with a target of 1.1450 offers good risk reward. My stops will be placed above 1.1540.
Reports of missile movements in North Korea and the start of week long joint military drills between the US and South Korea could help keep CHF from falling too far .
****Update 6:50 GMT**** Short trade entered 1.1521
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