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Euro / Swiss Franc
Short

EURCHF short at resistance forming on double top on the hourly

By moneniko
Updated
The pair seems right for a short after a three-day rally. The RSI indicates that it is approaching the overbought conditions. Any break above the resistance level on the hourly should favor a long position but this seems highly unlikely as momentum is lost.
Trade closed: target reached
First target reached.
Trade closed: target reached
Second target was reached. Time to look for new opportunities.
hourlyoverboughtoverbought-conditiontechnical_analysis
moneniko

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