Forex 2020
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USD/CHF spent last week bouncing from the 0.9188, the 2018 low.
The previous January low of 0.9613 should now act as a formidable resistance and we ideally look for the market to fail here, but if breakout 0.9613 the next resistance level is 0.9850
Below 0.9188 on a closing basis will target the 0.9072 May 2015 low and the 0.8838 the 38.2% retracement of the move from 2015
The previous January low of 0.9613 should now act as a formidable resistance and we ideally look for the market to fail here, but if breakout 0.9613 the next resistance level is 0.9850
Below 0.9188 on a closing basis will target the 0.9072 May 2015 low and the 0.8838 the 38.2% retracement of the move from 2015
