USDCHF - successful bounce

FX:USDCHF   U.S. Dollar / Swiss Franc
The price has successfully bounce off the broken support, which is now acting as a resistance level . Also, the price has started to form a bearish channel . This indicates over the next few days we are very likely to see bearish moves, this outcome is also preferred by the RSI as it is in a bearish position. I would keep everyone updated on this pair over the coming days.
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