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USDCHF Breaking Up

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
MyFxPicks  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Technical Indicators USDCHF
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trendanalysis indicator usdchf
I have previously interpreted USDCHF as bearish but the recent developments in price action indicate otherwise.

Price is breaking out of the descending trendline into a bullish move. Such breakout may retest the previous high.
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