On the USDCHF daily chart, we can see that the pair is breaking above the falling long-term Andrews Pitchfork channel 1.0000 level, which is acting also as a horizontal support now, for the upside continuation. The bounce off this level could lead to another extension higher into the 1.0200 level at least.
Note: look for the long trade entries with the SL below the 0.9950 level.
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