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EURCHF currency pair recently reversed up from the key support level 1.00880 (which stopped the previous sharp downward wave B in April, as can be seen below), strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.0088 stopped the previous impulse waves 3 and (v). Given the strength of the support level 1.00880 , EURCHF currency pair can be expected to rise further toward the next resistance level 1.02150 (top of the earlier corrective wave (iv)).
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