In this trade analysis, we are focusing on the USD/CHF currency pair. After a significant bullish rally, we have witnessed a notable breach of the established market structure, resulting in the formation of a new high in the price. Subsequently, the market has undergone a discernible correction, bringing it closer to crucial support and resistance levels. If the price demonstrates an inclination to continue its upward movement into uncharted territory, the current prices provides an opportunity to search for long positions.
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