Should we expect a bullish trend on EURCHF?
The breakout of EURCHF through the 1.1074 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EURCHF to test 1.1098 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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