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peakbroker
Jul 9, 2020 9:53 PM

USD/CHF Daily Forecast (10th July) Long

U.S. Dollar/Swiss FrancFXCM

Description

I expect a trendline break on the USD/CHF chart. The price is at the intersection of key levels and trend lines, which, if breaking, can generate a lot of movement. The fundamental background is also favorable for the strengthening of the dollar due to favorable USA data. RSI divergence confirm the idea.

Trade closed: stop reached

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