Hello Traders,
Let’s hit the charts:
1. GBP/CHF
On the GBP/CHF, the bears seem to continue their rage today.
On the 4 hours time frame, a key support level (1.27773) got broken, but we may still need enough confirmation before joining the sellers.
For more conservative traders, waiting till the 10 pm candlestick emerges won’t be a bad idea.
If the breakout pulls through, our next target will most likely be support level 1.26059
What say you?
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