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FxWirePro: GBP/CHF forms ascending trainable pattern, good to sell below 1.3030

  • Chart pattern formed- Descending triangle pattern
     
  • Major support – 1.3030.
     
  • GBP/CHF has once again recovered after hitting low of 1.30309. The pair jumped till 1.30831 at the time of writing. It is currently trading around 1.30648.
     
  • It should break above 1.3100 for minor bullishness. Any convincing break above 1.3100 will take pair to next level till 1.31740 (Nov 7th 2017 high)/1.3217.
     
  • On the lower side, any break below 1.3030 will drag the pair to next level till 1.2975/1.2900.

It is good to sell below 1.3030 with SL around 1.3065 for the TP of 1.2975/1.2900.              

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June 22 14:30 UTC Released

USECRI Weekly Annualized

Actual

3.1 %

Forecast

Previous

2.7 %

June 22 14:30 UTC Released

USECRI Weekly Index

Actual

150.1 %

Forecast

Previous

149.3 %

January 31 00:00 UTC 206407206407m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 206407206407m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 218227218227m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 206407206407m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 218227218227m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 206407206407m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 206407206407m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 206407206407m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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