The EUR/CHF fell hard today, but still remains in the consolidation area between the 1.27 mark and the 1.30 area. The pair remains a good one for scalpers, but not so much for longer-term or trend traders. The pair looks to remain sideways for quite some time as the downtrend was so relentless for so long. Look to buy at the 1.27 area, and to sell at the 1.30 area until we break out either higher or lower than this range.
Originally posted here
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