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KaltoireCapital

Support unbroken,, USD/CHF reversal looks very likely

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
KaltoireCapital  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Beyond Technical Analysis USDCHF usdchfanalysis usdchflong usdchfidea usdchfprediction
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trendanalysis chartpattern beyondta usdchf usdchfanalysis usdchflong usdchfidea usdchfprediction
Dear traders, USD/CHF is consolidating in the support level for quite some time. Although,
the price has drifted lower, USD/CHF has not broken the support level.

Please note that even on the daily chart, 0.9550 is a crucial level as the 100 Day EMA lies there.
So, a reversal to the upside is quite likely at this stage.

For traders looking to buy, a buy entry between 0.9530-0.9560 with SL below 0.95 and TP at 0.98
would a potential trade.
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