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USD/CHF is getting ready to resume a decline
The USD/CHF pair returned to a significant support level of 0.9720-10, which limits the further decline of this pair, in the context of the resumption of the risks of the US-China trade war and on another criticism of the Fed policy by the US President D. Trump.
Fixing the USD/CHF pair below the zone 0.9710-00 will indicate the resumption of the downward trend and open the way to support levels: 0.9650 and 0.9620.
Resistance is located at 0.9730 0.9750.
Read also: “Geopolitical risks for the beginning of 2019!”
Hanzenko Anton
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