Euro / Franc Suisse

EUR/CHF - last chance to build an upward impulse!

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The EUR / CHF is breaking impulsively south and I adjusted the broken trendline. However, due to the setback, the bears have entered a strong support line and it is very possible that the long-awaited final upward movement of wave 5 will start. So far, the bulls have shown an initial good reaction to support in the CHF 1,085 area. Should we expand a 5-part impulse from the low, we could see another run up.

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