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.

 

EURCHF-H1

 

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

Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"

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Horatio Dubsly

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