EURCHF – Breaks the Head and Shoulders

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  Monthly: Trading within a bullish channel formation. Levels close to the trend line support at 1.1155 found buyers. Previous resistance of 1.1199 (from February 2016) became support. We are likely to post a bullish Outside Candle on the monthly timeframe. Weekly: A bullish 5-wave pattern completed at 1.2005. A corrective 3-wave pattern (corrective) can be noted to the downside sta...

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