ForceFollower

EURCHF D1: After The Breakout

Long
FX:EURCHF   Euro / Swiss Franc
3
So, price broke out and up it went to test the prior high at 1.08. The EUR is still strong, and the CHF is relatively weak. The up trend is expected to continue for some time following the regular blue fork. The correction may get a bit deeper, but I still believe this market is on its way to test the pink resistance level of 1.08.
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