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Thomas Long, Course Instructor

This daily chart shows a series of lower highs and lower lows which means the downtrend continues with this pair poised to test it's all-time low of 1.2850. I would continue to look for selling opportunities as long as the pair remains below the 1.31623 high noted on the chart.

EURCHF_body_66361d1283861814-trend-day-eurchf-97.png, EUR/CHF

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.