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QuileHills
Apr 3, 2017 5:19 PM

GBPCHF Range Short

GBP/CHFOANDA

Description

GBPCHF has potential to form bullish hidden divergence on the 4H RSI, signalling a potential for one more drive up creating a new local high. The pair has been held below 1.27 for all of 2017 thus far. I'll be watching price action around that range resistance (green line) to potentially short the pair down to the 1.24 level.
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