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USD/ CHF – The lower Bollinger band is providing strong support for prices

Technical analysis shows cover a bounce near 1.0175.

There is evidence of a strong downward trend. MACD 12 & 26 are still well below the zero line but just had a flat cross. The lower Bollinger band is providing strong support for prices with one strong breakthrough below. Technical analysis shows cover a bounce near 1.0175.

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