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U.S. Dollar / Swiss Franc
Long

USDCHF: Important Decision Ahead

758
snapshot

USDCHF is approaching strong daily structure support.

On 4H the price is slowing down within a falling wedge pattern.
It is a clear sign of weakness & local indecision.

To catch the next move, focus on breakout:
  • In case of a bullish breakout of resistance of the wedge,
    a pullback will be expected to 0.93 structure

  • In case of a bearish breakout of yellow support,
    bearish continuation will be expected with the next goal 0.915


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Chart PatternsForextradingTrend AnalysisUSDCHFWave Analysis

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Chart PatternsForextradingTrend AnalysisUSDCHFWave Analysis
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.