GBPCHF Longs to 1.27000

Reading price, we can see the swings are starting to shift in direction. Price has pulled back to a previous area of resistance as support in confluence with a long wick rejection. If price manages to hold above 1.24750, we can anticipate bullish movement to 1.27000. If price breaks, we must reevaluate price action.
Chart PatternsconfluenceGBPCHFhighertimeframesTechnical IndicatorsLONGpriceactionTechnical AnalysisTrend Analysis

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