EURCHF have been driven by 2 important facts 1) 1.2000 SNB floor which in the last 20 months has acted like a magnet and strong support for the pair2) Although the market looks like it has established a major Low swing point the price action and the history of EURCHF suggest otherwise and which is that we remain in the long term bearish trend as the Elliot Wave suggest we still have to make another low below the major low at 1.0066 for the 5 wave cycle to be complete.(see fig.1).1.0066 low is ju…
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