CAD/CHF 1H Chart: Descending Triangle

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EUR/GBP 4H Chart: Ascending Triangle Comment: EUR/GBP is struggling to overcome resistance at 0.7280 at the moment, but the outlook is still bullish. The currency pair has recently formed an ascending triangle, meaning demand is gradually building up, and this should eventually result in a breach of the upper boundary of the pattern. If this is the case, the next target will be at 0.7360, represented by the monthly R3, followed by the October high at 0.7490. On the other hand, if the price

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