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GBP/CHF Technical Analysis - support level at 1.3522 to be broken for the daily bearish to be continuing

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by , 06-17-2016 at 10:34 PM (1087 Views)
      
   
Daily price is crossed 100 SMA/200 SMA reversal area for the bearish breakdown: the price was bounced from 1.3522 support level for the possible secondary rally to be started or for the primary bearish trend to be continuing.

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  • If the price will break 1.3779 resistance level so the local uptrend as the secondary market rally within the primary bearish condition will be started.
  • If price will break 1.3522 support so the bearish trend will be continuing.
  • If not so the price will be ranging within the levels.

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