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Ascending Trend-Channel Support Restricts USDCHF Pullback

Discussion in 'Technical Analysis' started by Kaitlin, Nov 2, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    During early days of last week, the USDCHF tested the highest level in seven months following its break of year-old descending trend-line resistance and surpassed the 0.9820-25 horizontal resistance; though, short-term ascending trend-channel resistance limited the pair's further upside and gave rise to price pullback to the channel support at[​IMG]

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