EUR/CHF: bulls regain strength

I dropped the setup for a bullish reversal in EURCHF on Mar-16 following a massive failure above 1.3000 and with me booking four losing trades in 2 days. Looking at the 1d chart it seems that the Euro bulls are pushing for another upside breakout after the pair bounced from a near test of the 1.2415 low. On the 4h chart the price is above the Keltner Bands while the pair is now testing its 1h uptrend. While the big picture is still undecisive a test of the bearish 1d channel line is likely.

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