Tue, Mar 21, 2023 @ 00:37 GMT
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USD/CHF Needs A Bullish Spark

The USD/CHF is trading in the green and is setting up for the next move. Is narrowing and should give birth to a significant move very soon. Price is located above the 0.9634 static support and above the second warning line (WL2) of the major ascending pitchfork, but needs a bullish spark to be able to breakout above the median line (ml) of the minor descending pitchfork. A valid breakout will almost confirm the Inverse Head and Shoulders pattern.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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