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USD/CHF Completes Head and Shoulder Pattern

posted by Avatar FXTimes 212 days ago in USD, CHF, Technical made popular 212 days ago

This is a follow up on yesterday’s USD/CHF update where we were monitoring the development of the head and shoulder in USD/CHF. Today the head and shoulder completed breaking below neckline, below 4H 200SMA and rising trendline. RSI back below 40 after failure to break above 60. Bearish momentum preserved...
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