USD/CHF’s fall from 0.9196 resumed last week and accelerated to as low as 0.8475. But a temporary was formed with subsequent recovery. Initial bias is turned neutral this week for consolidations first. Recovery should be limited by 0.8757 support turned resistance. Below 0.8475 will target 100% projection of 0.9196 to 0.8757 from 0.8854 at 0.8415. […]
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