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USD/CHF keeps moving closer towards 0.9007. Will it finally breach this level?

USD/CHF is moving towards a line of 0.9007 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/CHF continues in its current trajectory, we may see it move towards 0.9007 within the next 3 days.

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