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USD/CHF | Sep 19, 2019

Updated: Sep 20, 2019

Every retracement (shown in orange color) is 61.8% of its preceding upswing (shown in blue color). USD/CHF is more likely to take out last high according to this harmony.

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1 comentário

Keon Consultancy
Keon Consultancy
19 de set. de 2019

In current global environment of rate cut, SNB kept policy rate unchanged, which has been priced in as hawkish and bullish for CHF. But SNB has been selling CHF since its previous meeting; so the fall of USD/CHF post today's SNB-release, is more likely to be erased.

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