Forex: USD/CHF Technical Analysis – Recoiling Back Toward 0.90
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- Prices bounced as expected after showing a Doji candlestick
- Breaking resistance at 0.8972 (14.6% Fib) exposes 0.9022 (23.6% Fib)
- Initial support is at 0.8889, the October 24 swing bottom
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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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