EUR/CHF Technical Analysis.
Currently, EUR/CHF is trading at 1.0754. The pair started a new up trend after breaking the resistance level at 1.0642. Previously, the pair was trading in down trend by making lower low higher high pattern in the resistance and support wedges. As the pair has already started a new up trend by breaking the resistance level, so its first target price was at 1.0719 and second target price was at 1.07663.
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Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
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