Tag - chf - swiss franc

USD/CHF: franc is resuming a trend
USD/CHF: franc is resuming a trend

USD/CHF is forming a “Spike and reversal with acceleration”. Bears managed to keep the pair below the trendline of the initial stage.

USD/CHF: bears showed weakness
USD/CHF: bears showed weakness

On the daily chart, USD/CHF is pulling back to the medium-term uptrend. Bears failed to form “Spike and ledge” and bulls returned the initiative.

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