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USD/CHF: the USD is strong

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 Recommendation: BUY 0.998 SL 0.9925 TP1 1.008 TP2 1.013 TP3 1.0225

On a daily chart of USD/CHF a break of the resistance at 0.9985 let bulls continue to move up towards the 113% and 127.2% targets of the “Shark” and AB=CD patterns. They comply with the 1.0130 and 1.0225 levels. The previous resistance acts as the main support for now.

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On H1, the price is moving within the upward channel. Bulls are controlling the situation. Buy USD/CHF after the bounce from the key support levels at 1.0025, 0.9980 and 0.9950. 

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