Jal121

EUR/CHF - Forecasted resistance at key level

Largo
OANDA:EURCHF   Euro/Franco suizo
Bulls have grabbed a firm hold of this market as we approach long term targets at the top of our previous structure to complete the reversal.

We marked potential key levels on our bullish ascent. Price has found resistance at one of these levels. This level was a key level in previous structure - therefore we can expect price to respect this level on the reversal - at least initially.

Keep an eye on this pair for the rest of the week - long term targets top of structure.

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