EURCHF dips below channel trend line but break may be failing - ConsultFX

EURCHF dips below channel trend line but break may be failing

Channel trend line on the hourly chart The EURCHF has been racing lower today. Yesterday, the price found sellers near the 200 hour MA (green lines) and the topside channel trend line. Today the price fell below the 100 hour MA (blue line) and raced lower.  Sellers in the pair at one point today, helped to