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EUR/CHF 4H time frame chart

11 October 2017

As we can see in the 4-hour chart, the price has been consolidating since the Swiss franc reached new highs against the yen.


We also can observe that the price has had some resistance in breaking the values of the level of resistance near the 1.1537.


However, if the breakout of this zone occurs and if the price continues to respect the trend line, then we can expect a possible formation of a new maximum (blue rectangle) compared to the previously formed one.


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18 October 2017, 14:51 EUR/JPY 4H TIME FRAME
09 October 2017, 15:25 XAU/USD (GOLD) DAILY ANALYSIS
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