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USD/CHF reversed from support zone

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  • USD/CHF reversed from support zone
  • Next buy target - 0.9950

USD/CHF continues to rise after the earlier sharp upward reversal from the support zone lying between the support level 0.9740 and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous intermediate impulse wave (3). USD/CHF is expected to rise to the next buy target at the next resistance level 0.9950 (top of the previous intermediate correction (2) from November).

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