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USDCHF News

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Last Updated Date: 18 May 2022 @ 6:49 AM (UTC)
*Please note that all the dates are in GMT time zone

Last days' drop off signals a short term turn back to the prevailing bear trend of previous months and should continue to foster an attack under the 0.9840 swing low. A close under 0.9840 projects a larger bear wave to 0.9703. A reluctance to stay under 0.9840 may prompt rebounding action, but trade needs a close over 100.50 (SAR for today) to renew a bottoming formation.

Resistance 2       0.9970
Resistance 1       0.9945
 

Support 1            0.9909
Support 2            0.9875




 
 
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