There are two possible ways at point # 3. The scenario of bulls: long way 1) continuation of the trend and try make a new impulse. (Objective 1) 1,0800-1,08,200; 2) 1.08700-1.0900) 2) If the bullish mood will be a strong, than they will be made a new maximum of 1,08400 Bears scenario: short way 1) "Fake Bull Flag (No. 2)". «Inverse flag» 2) Head and shoulders. 3) re-test the channel and the breakdown. "Hunting for bullish stops" 4) move # 2 - # 3 This is still correcting. Look for a sale or purchase I will be at point №3
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This is the inverse correlation between the Euro-dollar pair and the dollar index. This is the index of the attractiveness of traders to the asset American dollar in the "basket" of 6 pairs of currencies. This is important for us, it shows the strength of the dollar (Investment attractiveness) in our pair - this is feedback, and in the pair USDCHF this is a direct connection between usdchf and index USD
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We come to Level 1,800 is the place of possible correction