EUR/CHF Leaning Toward Bearish Trend Continuation

EUR/CHF as of Thursday  has begun to resume its bearish bias after price action retested key 1.2700 upside resistance earlier in the week. The 1.2700 level has recently been among the most important support/resistance pivot levels, and has served alternately as strong support and resistance since the beginning of the year. For R/CHF forex technical analysis, please click here.

James Chen, CTA, CMT

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Bearish, Bearish Trend

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