As we can see, USDCHF has reversed from a weekly resistance zone. It also broke out of an ascending trend line.
We may see price potentially retest to the broken structure level and continue declining as charted.
We may see price potentially retest to the broken structure level and continue declining as charted.
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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.