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pantheo
May 17, 2022 6:06 AM

US dollar vs swiss franc entering weekly supply zone 

U.S. Dollar/Swiss FrancFXCM

Description

Right above is the usual monthly supply zone from 1.020 to 1.035 where price reversed the last 7 years

A possible obvious reversal on the daily and a close below the big level of 1.00 will probably give us a short signal at least for the near term horizon to retest demand levels, as Swiss Central Bank has entered the global race of currency devaluation
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