which is tested now. Could be the neckline of an somewhat ugly . They rarely
look perfect anyway. Target of abcd stands at 1,1590 and 61,8 at 1,0480. Also note that
1,0140 is the 50% fib of the CD leg, which add resistance here. UsdChf is oftentimes a good
approximate and can give extra clues to were EurUsd is going. Not mentioned in the chart
text but equally important is the Kumo Breakout that occured previous month. A very
rare occasion on this high timeframe.