Bullish Continuation Expected
Since breaking out of the Symmetrical triangle consolidation last month we have seen USDCHF successfully re-test the breakout followed by new highs. This leads me to suspect we will continue to see this bullish continuation until we eventually reach the full breakout target @ 0.947. In the interim, I expect a possible re-test of the Monthly Pivot @ 0.925 followed by a move to the Weekly R1 @ 0.936 and then the Monthly R1 @ 0.941
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