USDCHF Has Another Chance for Rebound

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<p>USDCHF snaps key floor; short-term bias bearish Downside pressure could stay limited above 50-day SMA USDCHF is marking its third consecutive bearish week, having recently enhanced negative risks below the protective 200-day simple moving average (SMA) and the support trendline from July’s lows. The 0.8980-.8995 restricted zone, which had been capping upside movements during April-July 2023, could […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/523537-usdchf-has-another-chance-for-rebound/">USDCHF Has Another Chance for Rebound</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>