CHF in an uptrend. Has been consolidating finding support. Large bullish engulfing candle all the way to the previous support, now resistance level. As the overall trend is up I will be possibly looking for a break and retest of this area using smaller time frame, possibly 4 hr chart. There is a good chance that this resistance area may well continue to keep price contained for now......we shall see!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.