EURCHF Correction Setup

Hello Traders,

Hope you all are doing good!!

Is this the time for correction of EURCHF pair??

1) Pair approaching overbought zone.
2) Pair is trading in the downward channel .
3) Resistance Zone lies above

Risk Point: Price failed to make lower LOWs in the earlier swing on Weekly Timeframe.


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Disclaimer: This is just an idea. Please do your own analysis before opening a position.