USDCHF – Buying dips in the Expanding Wedge

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Monthly: Three consecutive positive monthly bars. Broken out of the wedge formation (yellow) to the upside. Reverse trend line support is located at 0.9895. The trend of higher highs (from 2012 and 2015) is currently located at 1.0600. With bespoke resistance located at 1.0680, this is our long-term target zone. Weekly:  Broken out of the Expanding Wedge formation to the upside. Previous re...

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