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USDCHF: descending channel

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
The USDCHF is moving within a descending trend channel, and the price has reached the upper part of this channel, which also acts as a strong resistance level. Therefore, further decrease is likely. The targets are the lower support levels and the lower part of the channel. It's recommended to observe how the price reacts to this level.


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