(55,5,3) is also seeing major resistance below the 95% level where we expect a drop from.
Correlation analysis: EUR/USD has a strong negative correlation with USD/CHF which means they usually move in opposite directions. We are expecting a drop on EUR/USD and similarly USD/CHF which means it is best to exercise caution on this trade.
Sell below 1.0980. Stop loss at 1.1033. Take profit at 1.0880.