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USD/CHF: Ascending Channel

USD/CHF, 1 hour    SHORT Jul 25
It seems like an ascending channel is detected and the price is about to break out. An ascending channel is said to depict a specific price signal that can be used to identify an extension in the downward direction when price breaks down. It is not ruled out that corrective downside towards 0.865 will form while below 0.8655 amid rising bets for the move.
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