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USD/CHF: Ascending Channel

USD/CHF, 1 hour    SHORT Dec 6
It looks like an ascending channel takes place and USD/CHF wants a steady move as a verification of a breakout. An ascending channel depicts a technical chart pattern that has an upward slope that typically predicts that the price to go down in case if price breaks below support. USD/CHF to nosedive towards 0.874 as the currency pair becomes vulnerable.
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