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- USD/CHF rose to a near 2-month high
USD/CHF rose to a near 2-month high
Today, the USD/CHF pair is mainly growing from 0.8575 to 0.8630, reaching almost a 2-month high. On the hourly chart, the pair rose above the moving average line MA (200) H1 (0.8555) and on the four-hour chart above MA (200) H4 (0.8490). Technically speaking, the resistance of 0.8630 is still keeping USD/CHF from further growth. If this level is broken, the pair may rise to 0.8680. The lower bound of 0.8555 represents a strong support level.
⦁ Resistance levels are: 0.8630, 0.8680, 0.8750
⦁ Support levels are: отметках: 0.8555, 0.8530, 0.8490
The main scenario for the pair's promotion assumes a breakout of the session high of 0.8630 and may be an increase to 0.8680 (Aug 18 high)
An alternative scenario implies a breakout of support 0.8555 (Oct 10 low, МА (200) Н1) and may be a decrease to 0.8530 (Oct 7-8 low)
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