EURCHF likely to go up
Updated
EURCHFThis is on a 4H timeframe. Looks like a 3 wave retracement of an impulsive move is close to getting over. Price going above 1.0407 in an explosive fashion will indicate the setting in of the larger wave 3 which should take the price close to the 1.085 level.
Note
If there is further decline in price, will update wave 2 and accordingly the expected level for wave 3.
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