USD/CHF Technical Analysis: Fib Marks Support Below 0.95

DailyFX

USD/CHF Technical Analysis– Prices are challenging support at 0.9440, the 50% Fibonacci retracement, with a break beneath that exposing the 61.8% level at 0.9367. Near-term resistance is at 0.9513, the 38.2% Fib, followed by the 23.6% retracement at 0.9604.

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dailyclassics_usd-chf_body_Picture_6.png, USD/CHF Technical Analysis: Fib Marks Support Below 0.95

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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