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21 Jun 2021
EUR/CHF Price Analysis: Bears stepping in at critical resistance
- EUR/CHF bears are lurking at daily resistance structure.
- The bulls could be in for one final push to test the bear's commitments.
The cross is on the verge of completing a significant correction if it has not already done so in the meeting structure.
Daily chart
A break of the resistance will be a crucial development in the bulls case for further gains.
1-hour chart
However, at this juncture, the focus is on the downside to restest the old resistance to the downside.