USDCHF has taken a channel support line from its bottom. If we draw a parallel line to channel support line we can see price moving in lower half of the channel. If it moves to the upper part of channel we might see further rise in USDCHF towards the resistance line of channel.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.