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USD/CHF retreating back under the 100 DMA

Source: Thomson Reuters


  • USD/CHF edging lower under the 100 DMA at 0.9600 intraday

  • A close back below that average is needed, close above/under 100 DMA pivotal

  • Bounce from oversold levels on slow stochs a concern for short trade

  • Potential base at 0.9495 ahead 0.9486 Apr 3 low/rising 200 DMA at 0.9484

  • Market Data
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