Contributors Technical Analysis EUR/CHF Further Drop Invalidated

EUR/CHF Further Drop Invalidated

Price increased significantly in the second part of the yesterday’s trading session and has managed to stay much above the upper median line (uml) of the minor ascending pitchfork. Price increased today and resumes the yesterday’s increase. Technically, it should approach and reach the upper median line (uml) of the descending pitchfork in the upcoming period after the failure to reach the median line (ml).

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