DeGRAM

DeGRAM | USDCHF market deceleration

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is trading in the descending channel. However, the price is decelerating while approaching the support level.

The market created a consolidation zone at the support level following a bearish move.

We expect a bullish move from the support since the price reached the significant support level on the D chart.


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