kingsanjose2011

USDCHF - Forming an ascending triangle before the drop

FX:USDCHF   Dólar Americano/Franco Suíço
This is in the connection for my USDCAD Post. This chart shows an ascending triangle formation however, we need to remember that that down trend wave is still in the shawdows. Combining both theories, we can say that the
price might break to its resistance then return back to lower positions. The market might be looking for positive news at the moment.

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