EUR/CHF prices are currently trading bearishly on the hourly timeframe and are forming a price pattern known as a descending triangle. Currently, if the price declines and breaks below the lower side levels around 0.9740, and closes below it, there will be a strong selling opportunity with targets reaching 0.9700 as the first objective. However, if the price remains above these levels, an upward movement and an increase are more likely.
Technical Analysis EUR/CHF
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