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Thoughts and Reasoning Behind Price Movement Are Listed Below
- Technical analysis of the USDCHF pair
- Larger Trend analysis on the larger timeframes suggests
there will be a continuation of the prevailing downtrend - The pair is lining up well with Elliot confirmation principles
- Trader sentiment on all timeframes above 30 mins suggests a strong sell
providing further confirmation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.