Aurum Markets Blog Technical Analysis Breach of important price line imminent by USDCHF

Breach of important price line imminent by USDCHF

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USDCHF is moving towards a key resistance level at 0.8275. USDCHF has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Upward sloping Moving Average

Target: 0.8275 Entry: 0.8237 Stop: 0.8222

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