USDCHF: FALLING TREND COULD BOOST PROFITS.
The USDCHF was not able to clear 1,0025/30 horizontal lines despite the four-week increase, limiting the pair’s short-term upside. A short upward trajectory will nevertheless remain intact if it falls below 0.9960, which in turn emphasizes the value of 0.9900. At 0.9855, an upward could become crucial after 0.9900. Should the number 1.0070, 1.0110 and 1.0130 appear on this chart at all prices beyond 1.030 on a daily closing basis. Over and above 1,0130, 1,0300 people could blow on the Bulls ‘ radar during their ongoing trade.
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