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Forex pairs in this Article » USD/CHF
FXstreet.com (New York) - The USD/CHF foreign exchange has been swinging slightly near the top end of its trading range today, clinging to widespread gains during US trading.

USD/CHF breaks past resistance

At the time of writing, the USD/CHF pair is operating at 0.9581, just shy of a session high of 0.9585, securing a gain of +1.18% during US trading. Following a move above the 0.9568 resistance, the Danske Research Team points to resistances at 0.9651. On the decline, the pair will face supports at 0.9447, ahead of 0.9438, and 0.9407.

USD/CHF positive expectations remain

“The USD/CHF is still trading around 0.9485, but failed to stabilize above Linear Regression Indicators supporting the intraday positive outlook. In general, we hold on to our positive intraday expectations today unless the pair breaks 0.9400 levels supported by the bullish harmonic pattern.” notes the Technical Analyst Team at ICN.com.
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