USDCHF had formed a descending channel ending with an inverse head and shoulders pattern right at the support level. Now, we are expecting a trend reversal. However, we need to see a higher high and higher low before we can consider a buy entry.
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Disclaimer
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.