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A Review of FX Correlation of EURUSD and USDCHF

The recent 4-hourly chart of EURUSD and USDCHF shows that both currencies are negatively correlated.

We posted yesterday on EURUSD having a possible triple bottom formation. It is observed that USDCHF made a triple top.

Thus, it is worthwhile to analyze these 2 pairs together for your trades.

EURUSD having triple bottom

EURUSD having triple bottom

USDCHF forming triple top

USDCHF forming triple top

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