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USDCHF Making A Reversal

Discussion in 'Technical Analysis' started by Kaitlin, Feb 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USDCHF has traced 5 waves up, which we see as the start of a new upside trend from latest lows. This pair touched psychological level 1.000 and found resistance there. Current development we see as a corrective three wave pullback with support around 0.9840 levels, from where we expect to see[​IMG]

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