The USDCHF technical outlook remains unchanged and the corrective movement started at 1.0063 continues. The correctional move is expected to be limited by the 61.8% Fibonacci range at 0.9525 and the pair will return to the upside.
In the eyes of buyers, with the break of the slight resistance of 0.9763, the short-term trend of the US dollar against the Swiss franc will rise.
However, if the pair falls below 0.9525, we can see the beginning of a deep downtrend to 0.9193.
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First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Vc0100, Saint Vincent & the Grenadines.
+44 (745) 814 8133 , +44 (204) 577 3336
+44 (204) 577 3336 www.ClimaxPrime.org [email protected]
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