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Kishore
Oct 16, 2016 7:39 PM

USDCHF TRIANGLE PATTERN 

U.S. Dollar/Swiss FrancFXCM

Description

MARKET ANALYSIS: The pair is trading inside a triangle pattern formation. The market has reached near the resistance levels. If the resistance breaks can expect a new higher high to the next possible resistance level.

ALTERNATE SCENARIO:
If the resistance hold can expect a downtrend to the triangle support level. So let's see what the market does in the coming days!

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