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USD/CHF: Symmetrical Triangle

USD/CHF, 1 hour    SHORT Dec 21
There is a symmetrical triangle revealed and the price calls for a next steady move as evidence of a breakout. A symmetrical triangle provides a reliable bearish indicator that is used to predict a sharp decline in case if price breakdown occurs. It is likely that a bearish continuation towards 0.86 will occur on a downside break as upside pressure seen easing.
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