Pivot: 1398.00
Our preference: LONG positions above 1398 with targets @ 1423 & 1434.
Alternative scenario: The downside penetration of 1398 will call for a slide towards 1385 & 1374.
Comment: the RSI is above its neutrality area at 50%. The 50 moving average is ascending and is possible area of support.
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USDCHF Technical Analysis - Sell at 0.9955
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