USD/CHF Meanders at Trend Highs
Chart Prepared by Jamie Saettele, CMT
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-USD/CHF pullbacks are becoming shallower. Such developments indicate a strong trend but also warn of complacency and the risk of a washout before the trend can resume. As noted previously, “USD/CHF has broken out from a 7+ month triangle. The triangle breakout objective is 1.1182.”
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