EURCHF - short trade idea

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EURCHF
My perspective on EURCHF
Daily - We can see the break and retest, and also a downtrend.
4 hour - We are in downtrend, price came back to the resistance level and the 50 EMA, where we can see a huge rejection with an engulfing candlestick. It was a good entry point for the further downtrend.
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Trend Analysis

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