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Trade posted to TAP at 8:45am ET sell USDCHF at 1.1585. Has broken the 4 hour trend line and now testing the bottom. Other confirmations are the newly forming 1 hour down trend line and the .618 fib of that same 1hr trend. When trade moves to 20/25 pips will move break even and then looking for intraday targets back to 1.1526, 1.1500 or 1.1470.
USD/CHF Chart Picture