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Supports and resistances are primary concepts of technical analysis. USD/CHF is heading for an important price of 0.8963 – read about what this could mean for the future.

USD/CHF is approaching a resistance line at 0.8963. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.

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We expect a $248 movement on LE within the next 4 hours.

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