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USD/CHF is approaching 0.8422. We expect either a breakout through this line, or a rebound.

USD/CHF is heading towards a line of 0.8422. If this movement continues, the price of USD/CHF could test 0.8422 within the next 4 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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