GBPCHF: Dip buying close to channel support

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Monthly: A bearish Elliott Wave pattern (5-waves) was compete at the 2011 low of 1.1462. Price action is holding within a triangle formation (109 months of mixed trading).  Trend of higher lows is located at 1.1966 Weekly:  For the last 106 weeks we have held within a bullish channel formation. The trend line support is currently located at 1.2695. Dips below this level are finding buyers. ...
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