Cross-rates signals: EUR/CHF is near strong resistance

Cross EUR/CHF  maintains a downward trend amid the correction after a two-week decline. The upper limit of a downward trend is located at the levels: 1.1240-60, from which we should expect a rebound with a further resumption of the decline. At the same time, deals for sale should be considered when support is broken: 1.1220-10, which opens the way to support levels: 1.1180 and 1.1150.

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Hanzenko Anton

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