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Approaching Resistance

EURO-SWISS TECHS

The cross is edging higher and approaching the 1.0850 level.

  • Resistance is at 1.0878, the Sep 1 high.
  • The more significant medium-term parameter though is the Jun 5, 1.0916 high.
  • Broader trend conditions are bullish. A break of 1.0916 would reinforce this tone for bulls.
  • 1.0759 is key support, Sep 3 low.

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