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USD/CHF - Breaking Support at 0.9330

USD/CHF is moving sharply lower. The pair has broken support at 0.9330 (10/07/2015 low). We target support at 0.9151 (18/06/2015 low)

In the long-term, the pair has broken resistance at 0.9448 suggesting the end of the downtrend. This reinstates the bullish trend. Key support can be found 0.8986 (30/01/2015 low).

Daily Technical Report

 

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