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    EURCHF: Counter-Trend Strategy

    FBS
    By FBS

    EURCHF, H4

    EURCHF is rising and breaching above the upper Bollinger Band.

    The RSI oscillator is in the oversold zone, giving a Counter-trend strategy set up on the chart, with a good opportunity to short the asset!

    Consider a short trade on EURCHF on a consolidation below 0.9420 with the target at 0.9400 and 0.9360.

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