USD/CHF’s rally from 0.7603 resumed by breaking through 0.8205 resistance last week. Though, it lost momentum after hitting 0.8262. Initial bias is turned neutral this week for consolidations first. Downside should be contained above 0.8156 resistance turned support. On the upside, above 0.8262 will target 100% projection of 0.7760 to 0.8205 from 0.7948 at 0.8393. […]
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