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On the H1 time frame, we are seeing possible bullish rise at 1.04140, which is an area of Fibonacci confluence in line with the 38.2% Fibonacci retracement and 78.6% Fibonacci extension. This presents an intraday opportunity to play the bounce towards the next resistance zone at 1.04348 as price holds above the Ichimoku cloud.
Bullish outlook on EURCHF by OrtegaCapital on TradingView.com
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