USDCHF LONG PULLBACK

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USDCHF has been in a massive bearish run now testing weekly support levels which were rejected last in 2015. We are looking for a pullback long trade into the daily support level that was broken through without retesting. This level lines up nicely with the daily 50 EMA. We have shown nice deceleration forming an inverse head and shoulders indicating there could be a pullback in the market.

- Lukas - TradeDistrict