In the past few hours, the USD/CHF currency pair has been trading within a bearish channel. It has formed a bearish flag continuation pattern, indicating a potential for further downward movement. Traders are now watching for a breakout below this pattern, which could signal a good opportunity to sell the currency pair and join the overall downtrend.
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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.