USD/CHF Technical Analysis: Sellers Overcome 0.93 Figure
USD/CHF Technical Analysis – Prices broke through support at 0.9326, the 38.2% Fibonacci expansion, exposing the 50% level at 0.9280. A further push beneath this boundary targets the 61.8% Fib at 0.9233. Alternatively, a reversal back above 0.9326 eyes the 23.6% expansion at 0.9384.
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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