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USDCHF Trading Within A New Bullish Run

Discussion in 'Technical Analysis' started by Kaitlin, Oct 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USDCHF has made a big pullback since end of 2015 that we see it as a corrective and temporary decline. Notice that falling price action was overlapping; thus it has evidence of a contra-trend movement so we suspect that downtrend is finished now, especially after we identified an ending diagonal[​IMG]

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