Past performance is not an indicator of future results.
EURCHF is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of EURCHF to test 1.0878 within the next 17 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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