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EUR/CHF Repeating a Double Top at the 1.2960 Resistance

posted by Avatar FXTimes 753 days ago in EUR, CHF, Technical

The recent from 1.28 has met resistance at 1.2960. During today’s European session, a double top is forming with a break below the 1.2910 support. The RSI in the 1H chart is breaking below 40 invalidating the bullish momentum, and threatening to establish bearish momentum. Looking at the 4H chart, we see that this is a repeat of the last time the m
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