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USD/CHF: Ascending Triangle

USD/CHF, 1 hour    SHORT Aug 27
It looks like an ascending triangle has been determined and the price requests a more bigger bearish impulse as an indication of a breakout. Once price collapses through the support line, the resulting move could signal the bulls have run out of steam. USD/CHF now looks to the 0.8465 zone on a breach of 0.8468 as extra rangebound not ruled out.
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