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ThinkingAntsOk
Oct 26, 2020 3:14 PM

Waiting for the breakout on EURCHF  Long

Euro Fx/Swiss FrancFXCM

Description

Daily Analysis of EURCHF

A) Here, we have a clear scenario of a broken trendline after the price reaching a major support zone on the weekly chart.

B) Now, we can see a corrective structure supported on the broken descending trendline.

C) Our current plan is waiting for a breakout of the corrective structure and trade towards the next support zone.
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