EURCHF currency pair reached yesterday to the area of resistance, which has been tested successfully broken uptrend lin, led from the hole of 24th of June. The trend line at this point coincides with the horizontal level at 1.0902, which has repeatedly in the past held back expansion of the bulls.

It is expected downward movement, where the key support is located at 1.0825, while the bids may appear early on the trend line led from the low at the end of July.

Negating pro-downward bias will take place only at the close above the area shown in the chart below.


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