The USDCHF is comparable to all Dollar pairs in a consolidation and I like to see another leg higher within this consolidation. The 1 hour time frame shows a potential buy opportunity but we need to wait for confirmation because price might make a new low once again.

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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.