Eurchfshort
EURCHF Trading in downside Channel Pattern.EURCHF seems to be unpredictable as I recommend to trade very cautiously. It is trading in a channel pattern, also now it is trading in the upper part of the channel. If it breaks out from the channel, we might see long term trends on the breakout side.
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EURCHF - 1W AnalysisAfter the support line has broken, the next support level to be tested is at 1.0300. Will the lowest price in January 2015 reoccur? Seeing the trend is certainly potential, but it cannot be predicted as early as now, seeing the distance that is still so far away, and the lines that need to be traversed.
EURCHF. Price will break through the support level.Hi guys!
Now the Euro is in a downward channel,
and will not soon begin its stable growth.
The price is approaching the level of support that it should break through
and will reach 1.06000. Good luck to you!
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