EURCHF: Update & Bearish Outlook 🇪🇺🇨🇭

This week we spotted a bearish breakout of a key level on EURCHF pair.
I was patiently waiting for a retest of the broken structure to look for shorting opportunities.
Today I finally spotted one.

The price formed a double top formation with a lower high on an hourly time frame.
Its neckline breakout confirms a coming bearish move.

Initial target - 1.01

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