The inversely correlated pairs of the EURO USD and the USD CHF are at interesting crossroads. On their respective Daily Charts, we see that both had broken Support and Resistance boundaries that pointed to sharp and fast breakouts bullish for the Euro and bearish for the CHF. However, after pulling back and moving sideways, both appear poised to reverse inside of their large Pennant Setups.
EURO USD- DAILY CHART

We could be seeing a temporary bullish move to test the broken resistance before a …
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