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- USD/CHF is testing the MA (200) H1.
USD/CHF is testing the MA (200) H1.
Today the USD/CHF pair is mostly declining from 0.8685 to 0.8615 and on the hourly chart is testing the MA (200) H1(0.8660) moving average line. On the four-hour chart, the situation is similar. Technically speaking, the support level of 0.8600 may keep prices from further decline. If this level is passed, the pair may fall to 0.8550. The upper boundary of 0.8730 represents a strong resistance level.
⦁ Resistance levels are: 0.8685, 0.8730, 0.8785
⦁ Support levels are: отметках: 0.8600-05, 0.8550, 0.8455
The main scenario of the pair's advance implies a break of the resistance at 0.8685 (Jan 25 high, session high) and there may be a rise to 0.8730 (Dec 14 and Jan 23 highs)
The alternative scenario suggests a break of the support at 0.8600-05 (Jan 17 and 24 lows) and there may be a decline to 0.8550 (Jan 16 low)
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