USDCHF: Double Bottom Confirmed, But Overbought Dip Possible

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Throughout this month, we've closely monitored a developing double bottom pattern on USD/CHF. As my colleague Chris Tevere noted two weeks ago, 'should the double bottom's point of reference around 0.8950 give way, then USDCHF could see a rather significant continuation higher over the ensuing weeks/months.' As anticipated, the pair



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