HS pattern spotted. Target 1.02 and below to parity

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Hi Folks:

This pair is just in accumulation phase now. Possible HS pattern in play with bearish outcome.

I was expecting a strong bounce at 1.03 and it happened but it quickly reversed. This weekly candle's so far having a rejection from the top so bears remain in control yet.

Remember that CHF is considered a safe haven (Russia - Ukraine tensions).

STAY SAFE. Cheers


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Ordre annulé
Idea cancelles as ECB may be soon hiking interest rates and new scenario needs to be reconsidered. CHF continues to remain SAFE HAVEN.
Fundamental AnalysisTrend Analysis

Clause de non-responsabilité