Forex - Chart USD/CHF Update: Still higher in CHF driven trade


 08:25 (GMT) 23 Apr

  [Forex Charts]

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Chart USD/CHF Update: Still higher in CHF driven trade (0101-KTMH-C01)

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Asterisk denotes strength of level

09:15 BST - Further gains in CHF driven trade, with USD/CHF pressuring the 1.0170 high of March 2017. Both daily and weekly studies continue to strengthen, highlighting further gains in the coming sessions, with a break above here opening up congestion around 1.0200. Still higher is the 1.0248 weekly high of 11 January 2017. Immediate support is at 1.0150, and extends to the 1.0124 break level from March. A close beneath here is needed to delay higher levels and prompt a cautious downgrade.


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