Price broke out of range, and retested it, now it can go down.
That should interest you
Currency pair of EURCHF has been moving in rectangular consolidation since November 2020. Price was restricted by lines of around 1.07450 and 1.08500. On D1 chart we could see, that during January and February there were higher lows and higher highs made, which…
EURCHF currency pair is in consolidation since May-June 2020. On W1 chart we could see big upward move has occurred then. Next new lows were being made higher, which made shape similar to Rounding Bottom. If price will cross resistance area between approx. 1.08150…