Big movement expected on EURCHF

Past performance is not an indicator of future results.
EURCHF has broken through a resistance line of a Pennant and suggests a possible movement to 1.0887 within the next 20 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.

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