By ForexMansion.com

 

The EUR/CHF pair has formed a second hammer in a row just under the 1.32 level, and slightly above the 1.30 area. Because of this it looks like the EUR/CHF wants to go higher, and has formed a bit of a base at 1.30. The pair could go sideways for a while longer. Selling under 1.30 is preferred, and buying above 1.32 is acceptable. 

Originally posted here

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