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[QUOTE="HubuFX, post: 222545, member: 107424"] [JUSTIFY][B][U]USDCHF Downtrend Continues: Key Levels to Watch[/U][/B] The USDCHF currency pair saw a recent uptick that was stopped at the resistance level of 1.3232. After hitting this point, the pair experienced a sharp drop and broke past the support level of 1.32. It is expected that the downward trend will persist towards the previously tested support levels of 1.3129 and 1.3093. [img]https://www.linkpicture.com/q/usdchf.jpeg[/img] Traders should pay attention to crucial resistance levels at 1.3205 and 1.32324, which may serve as a supply zone for bears to drive the market down once more. These levels present opportunities for traders to initiate short positions and capitalize on the continuing downtrend in the USDCHF currency pair. [/JUSTIFY] [HR][/HR] [/QUOTE]
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