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EURCHF approaching support, potential bounce!

EURCHF is approaching our first support at 1.1369 (horizontal pullback support, 23.6% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 1.1406 (100% Fibonacci extension, horizontal swing high resistance). Ichmoku cloud is showing signs of bullish bias as well.
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Tickmill

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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