EURCHF

The EURCHF is a currency pair that is composed of the Euro and the Swiss Franc. When a symmetrical triangle is seen in this pair, it typically indicates a continuation of the current trend as the triangle is a continuation pattern. When the breakout of this triangle occurs and is confirmed with a 50% retracement, it gives a strong indication that the current trend is likely to continue and that a long position should be taken.
Chart PatternsEURCHFeurchflongTechnical IndicatorsTrend Analysis

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