USD/CHF Technical Analysis- Prices are pushing higher as expected after putting in a Bullish Engulfing candlestick pattern above the 0.92 figure. Buyers are aiming to challenge resistance at 0.9478, the 50% Fibonacci expansion. A break above that aims for the 61.8% level at 0.9542. Near-term support is at 0.9414, the 23.6% Fib.
Daily Chart - Created Using FXCM Marketscope 2.0
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