USDCHF
USDCHF is currently trying to break above Moving Average (55) and once it succeeds, it will next test 1.0700 level. Break of 1.0700 will start, which is expected to an extended move, towards 1.1000 level. But the break of 1.0700 will be main focus level for both long term and intra-day traders.
On the lower side, 1.0545 is an important level, because break of that will set things in downward trend and we might then see an extended move towards 1.0300 level. Therefore we might see traders looking waiting for breakout in either direction before entering the market.
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