$USDCHF | W, Bears losing control
Orderly weekly pullback setting LL with LH confirming bearish trend, but staying within narrow range as other USD cross pairs start to strengthen all of a sudden. Watch for a possible reversal towards 49EMA with follow through continuation. Cross pairs to the rescue, namely ; USDJPY upward revival & EURUSD continuing price erosion. I see the trend changing and pricing much higher in the weeks to come.
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