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Breach of support could mean a start of a bearish trend on USD/CHF

USD/CHF has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we may see the price of USD/CHF testing 0.9498 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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US30 – breach of a trending resistance line that has been tested at least twice before.

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