The breakout of USD/CHF through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CHF to test 0.9884 within the next 13 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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USD/CHF broke through a support at 2024-05-15T07:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 0.9033.
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