FullTimeTrader

USDCHF-W1-nice triangle pattern is forming

FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
11
Hello, just interesting, this weekly chart is telling us the possible outcome for the USD.
A nice triangle pattern is forming, we should expect more consolidation until possible rate hike.
From the technical point of view this is a bullish flag/pennat
With or without rate hike, i think this pair should reach the parity sooner or later.

Regards.

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