70-Pips Channel | USD\CHF

An Ascending Channel recently appeared at the EUR\USD. Channel also touched and retraced to 23.6% of last trend - suggesting that it might by a Flag rather than a Channel. We would expect a breakout downwards in this case.
This pattern also matches the general Bullish signals at the EUR\USD - and upon breakout downwards of the USD\CHF, the EUR\USD is expected to continue its uptrend.

Trading
Wait for price to break the Channel, and enter after pullback. Target is 70 pips - the size of the Pattern.