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SUMMARY : USD/CHF is having a bullish trend, prices are taking resistance
of falling trend line & consolidating on higher levels with a
positive bias. Today if the pair breaks the level of 0.9535 &
managed to sustain above it, then we can expect it to continue its
ongoing trend & test the level of 0.9580 in today's session. RSI
is sustaining in buying territory supporting upside movement in the
pair. The technical analysis of USD/CHF is given below.
MACD line has
recently break the zero line,indicating the up trend in the market.
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| USD/CHF |
STRATEGY :-
USD/CHF is looking further bullish on charts. One can go for buy on
dips strategy for this pair for intra day to mid term positions.
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