EUR/CHF Trading Analysis (07/05/2025)

The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМАs. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.

Trade idea:

• Sell at the beginning of the formation of the descending wave structure, when wave A breaks the level of 0.93584 (pivot 2 of wave C).
• Stop-loss at 0.9375.
• Price targets at 0.9330 and 0.9300.

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