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isarnil
Jul 18, 2018 8:44 PM

USD/CHF showing bearish divergence on the weekly Short

U.S. Dollar/Swiss FrancFXCM

Description

- Ascending triangle pattern for the past few years.
- Sitting just below weekly resistance
- Bounced several times before

- RSI/Stochastic topped out
- Slight bearish divergence on both indicators

Conclusion: I expect some 100-200 pips down from here
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