Forex: USD/CHF Technical Analysis – Targeting Below 0.90 Mark
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- Prices declined as expected after showing a bearish Dark Cloud Cover candle pattern
- A break of support at 0.9081 (61.8% Fib) has exposed 0.8993 (76.4% Fib)
- 0.9081 is now near-term resistance; above that eyes the 0.9152-77 area (trend line, 50% Fib)
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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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