EURCHF Holds Below 1.085

13 wrz 2021

Key Details:

• After a massive rally, the selloff has begun. The 1.085 is a key level that I'm looking for the week ahead.
  
• As price is holding below this level, I am expecting momentum to pick up to the downside as we move into the London session.
  
• If price makes a sharp cross above this level, it's possible that selling pressure has died down quickly than expected. If I do see a sharp move, my directional bias will change, or at least in the short run.