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Trader Journals:::2026-05-08T03:07:48

EUR/CHF

EUR/CHF

Frank in the EURCHF pair is not very active, but continues to put pressure on the euro. Currently, the price is being held near the level of 0.9150, but since the sellers appear more confident, it cannot be ruled out that they may be able to consolidate below 0.9140, which could lead to a decline to 0.9125 and 0.9095, and then even to levels of 0.9065, 0.9035, and 0.9000. The first prerequisites for the growth of EURCHF will appear if buyers manage to rise above 0.9155-0.9170. After consolidating above 0.9170, the price could initially move towards 0.9185. If they can also overcome the level of 0.9185, then the growth could continue towards 0.9200, 0.9215, 0.9230, and 0.9245. Of course, there are many more interesting targets higher up, but first you have to deal with these at least.
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