USDCHF was making lower highs. It was in a clear downtrend.
Currently, it is not strong in the downtrend because the price has managed to reach the previous high. We might be getting into a ranging market or an uptrend.
Based on my previous analysis on EURUSD which goes directly opposite with USDCHF (negative co-relation) there is a high chance USDCHF might buy. I am seeing some momentum building up.
What do you think?
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