EURCHF – Lower lows looks like a descending triangle formation

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Monthly: The previous resistance at 1.1199 (February 2016) acted as support. The cross has now consolidated for the last 6 months Weekly: The mixed and volatile trading looks to have formed a bearish descending triangle pattern. Trend of lower lows is seen at 1.1426. We are close to a Demark exhaustion count. A break of support at 1.1180 and the measured move target is seen at 1.0875 ...


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