USD weakness, short for continuation of move to the downside
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The dxy looks like its forming a small double top and preparing for its next move down, this would in turn weaken the USDCHF and make this move to the downside a higher probability given USDCHF also seems to have a small double top sitting right up against resiatnace.
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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.