Cross-rates signals: EUR/CHF forms a double bottom

Cross EUR/CHF is trading in an uptrend, preparing to resume growth on the rebound from the support of 1.1250. An additional factor in the strengthening of this pair is the formation of the “double bottom” pattern. Fixing the EUR/CHF pair above the key resistance 1.1290-1.1300, opens the way to the marks: 1.1350 and 1.1380. Support is located at levels: 1.1280 and 1.1250.

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Hanzenko Anton

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