USDCHF: Consolidation Short Trade Short
U.S. Dollar/Swiss FrancFXCM
Description
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USDCHF is trading within a horizontal decision range on 4H.
On Friday its resistance was reached and on that the price has formed multiple dodji and rejection candles.
As a confirmation, on hourly the price has formed a descending triangle formation and has just broken below its support.
Now I expect a bearish continuation.
Goals - 0.8892 / 0.8875
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