GBPCHF LONG OPPORTUNITY
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Price is currently consolidating, trading between resistance level at 1.28 and found support on major trendline at 1.25 level. The trendline we've found support on hasn't been broken since November 2015, so a good and strong bullish move. Strong level of support can be found on this trendline, retested several times. Unlike last time we've broken this trendline and we couldn't hold it for long, now we have a better and consolidation.
Tehnically some more bullish momentum with a higher high on the RSI.
Please note that this is not financial advice and we are just sharing our thoughts.
We encourage anyone trading financial instruments to do their own analisys and trade responsably
Tehnically some more bullish momentum with a higher high on the RSI.
Please note that this is not financial advice and we are just sharing our thoughts.
We encourage anyone trading financial instruments to do their own analisys and trade responsably
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