SWISS FRANC / EURO
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CHFEUR rising wedge

178
The price has formed a rising wedge. We are expecting the price to break into the downside. We are looking for a retracement to a 50% Fibonacci extension.

The price is bouncing off the top of the Bollinger band, which is a good indicator for us that the price will break out to the downside.

Target: 0,959
Entry: 0,987
S&l: 0,998

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