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USDCHF Technical Analysis
On the daily chart below for USDCHF, we can see that the pair has been falling nicely with the sellers always leaning on the trendline. The rejections have been perfect and with this latest bounce, we may expect the price to come back to test the trendline again. The moving averages are well crossed to the downside and will act as resistance for the sellers. The economic data to watch will be the US Jobless Claims tomorrow and the US PMIs on Friday. We are likely to see another rejection of the...
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Posted: Apr 19 2023, 09:52
Author Name: forexlive
Views: 082072