TaherJalili

Watching the Retracement Back Into Resistance

Long
FX:GBPCHF   Livre sterling / Franc suisse
Similar to the AUDCHF we also have a clear range high and resistance in play with this pair.

As discussed in recent times, price has held at the mid-way point and support level of the range and is slowly making a move back higher.

If we get a new test of this overhead daily chart resistance, then we can start to look for the recent momentum to continue and for new potential breakout trades higher.

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