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On USDCHF we have seen a very strong turning point last week from 0.9442 where we see pair made a low, which means it completed wave 5) of an ending diagonal place in wave C-circled which is fully visible on a daily chart. Reason for a low in place is an impulsive rally from the low; that's a five wave pattern that confirms a change in trend from bearish now to bullish mode. Also, notice that price is above the red trendline from where we may see push up to 0.9794 and even higher after red wave …
