Either a rebound or a breakout imminent on EURCHF

Past performance is not an indicator of future results.
EURCHF is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of EURCHF to test 1.0761 within the next 19 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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