EURCHF: Bulls could push price to 0.9180 in the short term

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EURCHF: Bulls could push price to 0.9180 in the short term

EURCHF broke out of a triangle pattern, indicating increasing bullish momentum.

0.9590 was a historical low for EURCHF, so we could see bullish momentum building around this area, which could push price back up in another bullish attempt to reclaim old areas.

Given that the Eurozone continues to show a resilient economy and all indicators are improving, the chances of a bullish move are higher given the current situation.

Key targets:
0.9160
0.9180

You may find more details in the chart.
Thank you and good luck! 🍀

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