Contributors Technical Analysis EUR/CHF Breakout Underway

EUR/CHF Breakout Underway

Price resumes the yesterday’s bullish candle and is approaching the 1.1450 psychological level. Is trading in the green after the rejection from the upper median line (uml) of the minor ascending pitchfork. I’ve said in the previous reports that a valid breakout above the WL4 will confirm a further increase.

The failure to stay near the upper median line is signaling that the bulls are very strong on the short term.

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