DannyBly
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Looking at the daily chart - having retraced upwards to 50% of the recent major downmove USD/CHF has been consolidating downward in a channel forming a bull flag. It retraced down to 50% of the recent upmove, while oversold stochastics begin to curve upwards.
![usdchf63.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Fusdchf63.jpg&hash=16ba26a547ff0d172b252daaec92b7da)
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