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USD/CHF: All Eyes on 1.0200-10 Resistance ahead of the Fed

Discussion in 'Technical Analysis' started by Kaitlin, Jan 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Two weeks ago, we highlighted a constructive candlestick pattern off bullish trend line support on USD/CHF and concluded that the pair could well bounce toward near-term Fibonacci resistance levels at 1.0120 (61.8%) and 1.0210 (78.6%). It took its time getting there, but USD/CHF finally edged up to test the 1.0210[​IMG]

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