USD/CHF Technical Analysis: Support Now Just Below 0.92


USD/CHF Technical Analysis – Prices broke support at a rising trend line set from February, exposing the 38.2% Fibonacci expansion at 0.9189. A further push beneath that eyes the 50% level at 0.9127. Trend line support-turned-resistance is now at 0.9242, with a move back above that targeting the 23.6% Fib at 0.9265.

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dailyclassics_usd-chf_body_Picture_6.png, USD/CHF Technical Analysis: Support Now Just Below 0.92

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for

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