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Euro / Swiss Franc
Short

EURCHF: Strong Bearish Confirmation Explained 🇪🇺🇨🇭

https://www.tradingview.com/x/ZDc02F1U/

EURCHF is retesting a recently broken horizontal structure.

The price formed a double top, approaching that on an hourly time frame.
Its neckline breakout is a strong bearish confirmation.

A bearish move is now expected to 0.9498 / 0.9478

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chfDouble Top or BottomEURCHFeuroforecastforexsignalsMultiple Time Frame AnalysispriceactionsignalsSupport and Resistanceswissfranc

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chfDouble Top or BottomEURCHFeuroforecastforexsignalsMultiple Time Frame AnalysispriceactionsignalsSupport and Resistanceswissfranc
VasilyTrader
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.