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A possible move on USDCHF as it heads towards support

USDCHF is heading towards the support line of a Channel Down. If this movement continues, the price of USDCHF could test 0.8780 within the next 7 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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CAC 40 has broken through support of a Descending Triangle. It has touched this line at least twice in the last 5 days.

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