Euro / Swiss Franc
Long
Updated

EUR/CHF: Bullish Harmonic Pattern Signals Upside Potential

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EUR/CHF: Bullish Harmonic Pattern Signals Short-Term Upside Potential

Yesterday, EUR/CHF completed a bullish harmonic pattern on the 60-minute chart, indicating a potential resurgence of bullish momentum. Despite the Swiss Franc’s strength across the currency board, which has been limiting upward movements in other pairs, this pattern suggests that EUR/CHF may rise again.

Given the price’s repeated movements within this area, we anticipate a potential upward trajectory for EUR/CHF, as illustrated in the chart. The first resistance zone is expected near 0.9390, with the second resistance zone around 0.9410

You may find more details in the chart!
Thank you and Good Luck!

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Trade closed: target reached
snapshot
Trade closed: target reached
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EURCHF - both targets reached:)

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