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EURCHF recently reversed up from the support zone lying between the key support level 1.07000 (which also reversed the price in July), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward correction 2 from the start of July. Given the clear bullish Euro sentiment seen across the FX markets today, EURCHF is likely to rise further toward the next resistance level 1.07500 (former support from September). 1.07500.
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