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USD/CHF Ranging Between 0.9088 and 0.9264

posted by Avatar FXTimes 105 days ago in USD, CHF, Technical made popular 104 days ago

The bearish bias we saw in the previous update did not materialize into a breakout to the downside. Instead the market edged lower but bounced off the 0.9088 level. A The 1H chart shows that this came after a bullish divergence with the RSI reading and the rally pushed this indicator of momentum above 70. This shows that the market is still...
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