Either a rebound or a breakout imminent on EURCHF

EURCHF is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of EURCHF to test 1.1380 within the next 22 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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