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USD/CHF Technical Analysis.

USD/CHF Technical Analysis.

Currently, USD/CHF is trading at 0.9077. The pair is consolidating in the resistance and support wedges . The pair may start a new downtrend if it breaks the support level at 0.9058, likely the pair may rebound back after touching support levels and continue to consolidate. If the pair starts a new downtrend, after breaking the support level , then its first target price will be at 0.8898 and the second target price will be at 0.8799.

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