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USD/CHF Daily Outlook

actionforex.com
 25 days ago

Cover picture for the articleDaily Pivots: (S1) 0.9217; (P) 0.9246; (R1) 0.9273; …. USD/CHF is still bounded in consolidation below 0.9331 and intraday bias stays neutral for the moment. Rises from 0.9017 and 0.8925 are in favor to continue as long as 0.9162 support holds. On the upside, break of 0.9331 resistance will target 0.9471 key resistance. Sustained break there will carry larger bullish implications. However, break of 0.9162 will turn bias back to the downside for 0.9017 support instead.

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