Two potential approaches for shorting EUR/CHF

After a lengthy consolidation above a daily Support level, the EUR/CHF pair has finally broken down to close lower. In today's Technical Insights, Tamar Mehr from Trade With Precision, takes a look at EUR/CHF for potential trading opportunities around this strong S/R level. Tamar discusses the potential scenarios, and the area she is watching for potential entry as well as a potential target area. CMC Markets is a global leader in online trading, offering CFD and FX trading. Learn how to trade CFDs with our variety of educational videos on trading strategies. Trade the global financial markets, including currencies, commodities, indices, companies and treasuries. Spreads may widen dependent on liquidity and market volatility. Investing in CFDs carries significant risks and is not suitable for all investors. You do not own, or have any interest in, the underlying assets. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.