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Breach of 0.9904 could mean a start of a bullish trend on USD/CHF

USD/CHF has broken through a line of 0.9904. If this breakout holds true, we expect the price of USD/CHF to test 0.9919 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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