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EUR/CHF Bearish Momentum With A 2% Drop In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2% for the last 21 sessions. At 13:06 EST on Monday, 18 December, EUR/CHF (EURCHF) is $0.95.

EUR/CHF’s yearly highs and lows, it’s 0.872% up from its 52-week low and 6.061% down from its 52-week high.

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  • Eur/usd clings to mild gains around 1.0900, focus on German IFO data. According to FXStreet on Monday, 18 December, "This, in turn, exerts some selling pressure on the Euro (EUR) and acts as a headwind to the EUR/USD pair. "
  • Eur/usd price analysis: rebounds ahead of German data, holds above 1.0900. According to FXStreet on Monday, 18 December, "This shows a potential for an upward trend, which could influence the EUR/USD pair to break above the barrier to explore the major level at 1.1050.", "The technical indicators for the EUR/USD pair favor the prevailing upward movement. "

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