Hey folks, how's it going???? Here we have caught USDCHF in its uptrend channel. The pair seems to hit its support at 0.98781 and started moving upwards. In this H1 chart the pair started making higher high inside that channel. As per our analysis the pair will move in that channel while going towards its resistance. Since the pair is not going directly but inside a channel it might take some time. Let us know what you people think. Whats your short/long term view. Happy trading. Ryan.R.Lopes
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As predicted the pair went towards its support line