USDCHF: Multi TF

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Despite positive news for CHF, we view the pair as bullish as long as it remains above 0.90892.

The daily chart reveals a clear short-term bullish channel.
snapshot


On the 4-hour chart, a strong zone is apparent.
snapshot


Exercise caution:

Do not enter long positions until the LR + 2 * stdev line is broken.
Avoid short positions until the level of 0.90892 is breached.

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