Daily Pivots: (S1) 0.7908; (P) 0.7951; (R1) 0.7974; More…. USD/CHF’s decline is in progress and break of the near term falling channel suggests downside acceleration. Intraday bias stays on the downside for 61.8% projection of 0.9200 to 0.8038 from 0.8475 at 0.7757. Firm break there will pave the way to 100% projection at 0.7313 next. […]
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