EURCHF has broken through support

Past performance is not an indicator of future results.
EURCHF has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 9 days. This breakout indicates a potential move to 1.1164 within the next 22 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.