USDCHF: Resumption of Growth?

USDCHF, Daily

The asset is currently trading sideways, with the price testing the upper boundary of the consolidation zone — the resistance level at 0.8319.

If the price breaks above the resistance, a move toward 0.8475 is likely.
If the breakout fails, a decline toward the support level at 0.8199 may follow.

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Author: FBS Analyst Team

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