EURCHF is setting up nicely in a classic up trend. We have a break of the daily downtrend line and this move is confirmed by higher swing highs and a higher swing lows. The EURCHF price action forms a classic rising trend channel. Look for the 1.6000 area to be challenged in the coming days.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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