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forex_meister
Feb 10, 2015 6:28 AM

USDCHF Long

FX:USDCHF240
U.S. Dollar/Swiss FrancFXCM

Description

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USDCHF have been trapped in a triangular form as in the chart.

I believe the pair is in for a bounce upward and breaking resistance of 0.9300 could open the way to TP of 0.9700, bottom end of the cloud on the daily chart.

Happy trading
usdchgL
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