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Completes the down and up lap today The USDCHF moved to the lowest level since April 10th today. That run moved below a lower trend
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USD/CHF main bear trend remains intact. USD/CHF is trading below its 50, 100 and 200-period simple moving average suggesting a strong bearish bias. USD/CHF rebounded
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…but finds some buying The USDCHF moved to a new low going back to April 17th. The low took out the Tuesday low at 0.9599.
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Last Tuesday’s signals were not triggered, as there was no bearish price action at 0.9640. Today’s USD/CHF Signals Risk 0.75%. Trades may only be taken
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: The pair remains biased upside on price recovery. This is coming on the back of its second day of strength. On the downside, support
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remains biased upside on price recovery. This is coming on the back of its second day of strength. On the downside, support lies at the
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Today’s USD/CHF Signals Risk 0.75%. Trades may only be taken between 8am and 5pm London time today. Short Trades Short entry following a bearish price
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Back above 50% retracement on the daily chart. The USDCHF cracked below the 50% and trend line yesterday. It closed below those levels as well
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Yesterday’s signals were not triggered, as neither of the resistance levels were ever reached. Today’s USD/CHF Signals Risk 0.75%. Trades must be entered before 5pm
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Corrective rally stalls The USDCHF is one of the weaker currencies of the day, and in the process has moved below the 50% retracement at