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Trader Journals:::2026-05-06T03:15:28

EUR/CHF

EUR/CHF

Bulls are struggling to return to growth in the EURCHF currency pair. Sellers are not giving up and trying to pull the price down, but so far they have not been able to achieve anything significant. If bears manage to establish themselves below 0.9150, then the downward movement may continue towards 0.9125 and 0.9095. Consolidation below 0.9095 will open the way for sellers to 0.9065, 0.9035, and 0.9000. If they manage to reach this level, then serious consideration can be given to buying here. An increase in EURCHF from current levels and consolidation above 0.9170-0.9185 will give buyers a chance to continue moving upwards to 0.9200 and 0.9215. After surpassing 0.9215, the next targets could be 0.9230 and 0.9245, and if these levels are also breached, then the price may rise towards 0.9260-0.9270.
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