Looks like USD will continue to fall, but try to see the USD/CHF D1, there are about 100 pips before meeting his potential trend line ... support in the range of 0925. Also, it seems the pair have started to lose momentum, when the pair stopped the range, then just waiting for confirmation from the stochastic, before we take a reversal of this pair.
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USD/CHF has been on a smooth down trend the past few weeks, slightly bouncing off the falling trend line. Will the bears remain in control or will the bulls finally muster enough strength to break through? We'll have to be patient on this one and wait for another test of the trend line, which may happen at .96 handle. Also watch out for the 0.95 line, which will be a very strong support.
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USD / CHF is in a strong declining ternd. Moreover currently FIBO also be forced down deeper today, 0954 seems to be the goal today.
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