USD/CHF Classical 03.04
USD/CHF: Continues to press higher with the market now fast approaching our 1.1000 objective from a few weeks back. A major base looks to be firmly in place and any setbacks are expected to be well supported ahead of 1.0600 in favor of a bullish continuation through 1.1000 and towards 1.1500 further up. Only back under 1.0600 would delay and give reason for pause.
Written by Joel Kruger, Technical Currency Strategist for DailyFX.com
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