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EUR/CHF Trades Near All-Time Low

EUR/CHF Trades Near All-Time Low

Thomas Long, Course Instructor

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Last week the EUR/CHF moved down close to the all-time low just below the 1.2400 level. The series of lower highs and lower lows seen on this daily chart defines the current downtrend. I would maintain a bearish bias and continue to look for selling opportunities as long as the pair remains below the 1.3005 level noted on the chart.

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