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EUR/CHF – getting close to resistance of a Triangle

EUR/CHF – getting close to resistance of a Triangle

EUR/CHF is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.

Chart 1 hour
Pattern Triangle
Length 136 Candles
Identified 19-Aug-2022 04:00 UTC