Sat, Mar 25, 2023 @ 04:11 GMT
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EUR/CHF Is The Rebound Completed

Price increased sharply in the first part of the day, but has found strong resistance at the red downtrend line. Has also failed to stabilize above the WL2 and now could drop towards the upper median line (uml) again.

Only a breakout above the mentioned resistance levels and above the WL4 will confirm a further increase, but this scenario is less likely to happen because the behavior has changed (lower highs).

MultiBank Exchange Group
MultiBank Exchange Group
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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