Contributors Technical Analysis EUR/CHF On The Way Down

EUR/CHF On The Way Down

Price is into a corrective phase, after the false breakout above the WL4 and above the first warning line (wl1) of the minor ascending pitchfork. A retest of the upper median line (ml) is favored at this moment, we’ll see what will react then. A breakdown below the upper median line (uml) will signal a major drop in the upcoming weeks.

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