Should we expect a bearish trend on USDCHF?
The breakout of USDCHF through the support line of a Pennant could be a sign of the road ahead. If this breakout persists, we expect the price of USDCHF to test 0.8911 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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