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EUR/CHF 11/02/19 | EconAlerts

Technical Analysis – EUR/CHF creates spikes in a sideways channel

EUR/CHF created an aggressive upside spike on Monday, after the bounce off the 40-simple moving average (SMA) in the daily timeframe and on the 23.6% Fibonacci retracement level of the downward movement from 1.1710 to 1.1180, around 1.1305. Currently, the pair is consolidating within a sideways channel with upper boundary the 1.1470 level and

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