USD/CHF Looking for Long

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The USD/CHF is trading at a point of equilibrium, as can be seen by the fact that it's trading inside the Kumo cloud, at the Kijun sen and near RSI=50. The overall structure of the market is bullish, with an ascending channel, in which we're currently at supportive levels. All things concluded, we're buyers on a break of the kumo and recent triangular formation, aiming to attack the higher parts of the channel.

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