USDCHF was identified at around 0.90761 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 0.9125 level.
Supported by Upward sloping Moving Average
Target: 0.9125 Entry: 0.9076 Stop: 0.9054
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