Forex: USD/CHF Technical Analysis – Resistance Above 0.90 Tested
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- Prices bounced as expected after showing a Doji candlestick
- Resistance is now at 0.9022 (23.6% Fib); breaking above that eyes 0.9105 (38.2% Fib)
- Back below 0.8972 (14.6% Fib) initially exposes the Oct 24 low at 0.8889
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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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