USD/CHF Technical Analysis – Rebound Gains Momentum
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- Prices are rising as expected after showing a Bullish Engulfing candle pattern
- A daily close above 0.9082 (23.6% Fib) exposes 0.9153 (38.2% Fib)
- Near-term support is at 0.8967, the October 3 low
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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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