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Traderscope
Jul 28, 2021 12:13 AM

EURCHF: The pair is testing a key reversal area Long

Euro Fx/Swiss FrancFXCM

Description

The pair is currently testing a key zone where a trend reversal could be triggered.
The trend line is acting as a support and the probability to see the price rebounding is high.
In this scenario, 1.0860 could be a first target then 1.09.
This bullish scenario will be invalidated if the price slides below 1.0780.
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