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Breach of 0.9610 could mean a start of a bearish trend on USD/CHF

USD/CHF has broken through a line of 0.9610. If this breakout holds true, we could see the price of USD/CHF heading towards 0.9589 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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USD/JPY is approaching 136.2560. We expect either a breakout through this line, or a rebound.

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