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forexhub_
Oct 8, 2017 4:58 PM

USD/CHF Long Position Long

U.S. Dollar/Swiss FrancFXCM

Description

Major resistance has been broken looking to see a retest of the line or a slight drop down to the trend line and then back up. With the US unemployment rates turning out positive there is now a 77% chance the FED is hiking its interest rates, therefore getting investors interested in the dollar. Overall the dollar is going to go on a rally pushing upwards to the first target shown on the graph.
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