EURCHF currency pair is moving in a channel growth since the rebound from support near 1.0798. The current price has reached its upper limit, as well as horizontal resistance which is located in the area near the 1.0896.
If the level will be respected, there should be a reflection and movement towards the support channel. In turn, break of support could lead to the activation of the larger drops, perhaps to the level of defense at 1.0798.
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