EUR/CHF Tests May Rising Trendline and Previous Consolidation Support

May Trendline: Looking at the 4H EUR/CHF chart, price action in May has been 1) a break above a flag pattern and 2) a rally holding above a rising trendline going up to 1.2524 during the 5/15 session. Since this high, the EUR/CHF has fell in an abc manner down to May’s rising trendline. Near the TL,…

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EUR/CHF Tests May Rising Trendline and Previous Consolidation Support