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USD/CHF: Head and Shoulders Signals Trend Reversal

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USD/CHF has been in a bullish trend for the past few weeks; however, the momentum appears to be weakening as the price has moved sideways recently. Additionally, a Head and Shoulders reversal pattern has formed, signaling a potential trend reversal. A short position can be considered upon a confirmed breakout below the neckline, with targets aligned to the measured projections of the pattern.

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