
Good morning,
USDCHF has had a nice bearish development in the last week.
WE can see the price has moved up correctively to the top of the higher time frame channel structure, forming an ascending channel.
Within, we can see lower time frame head and shoulder reversal, and the price had a strong bearish impulse phase down.
The latest development shows a possible correction after the down move, this could help the price to continue lower down to the next lows.
Look for more bearish continuation correction on the lower time frames for possible sell.
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